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U.S. Navy Awards AeroVironment $2.5 Million Contract for Continuation and Expansion of Blackwing UAS Program

October 09, 2017

Order including multiple Blackwing™ vehicles, sensor payloads and refurbishment kits to be delivered by November 2018

Blackwing delivering valuable new capabilities to naval undersea warfare since first deployed last year

WASHINGTON--(BUSINESS WIRE)--Association of the United States Army Annual Meeting and Exposition – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the receipt of a contract award from the United States Navy on September 29, 2017, for continuation and expansion of its Blackwing™ small Unmanned Aerial Vehicles (UAV) program. The contract includes orders for multiple Blackwing vehicles, sensor payloads and refurbishment kits for a total value of $2,578,822. The initial set of vehicles are anticipated for delivery by May 2018, and final delivery anticipated by November 2018.

Blackwing is a small, tube-launched unmanned aircraft that employs an advanced, miniature electro-optical and infrared (EO/IR) payload, integrated inertial/GPS autopilot system and secure Digital Data Link (DDL), all packaged into a vehicle that launches from under the surface of the sea, from manned submarines and unmanned underwater vehicles (UUVs).

“Since first being deployed just a few months ago, Blackwing has delivered valuable new capabilities to United States naval undersea warfare units,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “This contract is consistent with the Navy’s plans to resupply existing vessels and equip additional submarines with the Blackwing capability.”

Blackwing builds on AeroVironment’s extensive operational experience with small UAS and its Switchblade® Lethal Miniature Aerial Missile System (LMAMS) to provide the Navy with a low-cost, submarine-launched UAS optimized for denied environments. AeroVironment developed the Blackwing system as part of a 2013 Navy and United States Pacific Command (PACOM) sponsored Joint Capabilities Technology Demonstration (JCTD) called Advanced Weapons Enhanced by Submarine UAS against Mobile targets (AWESUM). This JCTD was completed in September 2015 with a strong recommendation to transition the capability into the fleet.

“Blackwing can also be integrated with and deployed from a wide variety of surface vessels and mobile ground vehicles to provide rapid response reconnaissance capabilities to help warfighters proceed with certainty, even in the most challenging settings, helping to ensure safe and successful missions,” Flittie said.

“AeroVironment’s small UAS – including Raven®, Puma™ AE and Wasp® AE, as well as Switchblade® loitering missile and its variants – continue proving their life-saving value with U.S. forces and increasingly with our allies around the world as our international footprint grows. We now count more than 40 countries outside of the U.S. as customers for our family of small UAS,” he added.

The Naval Undersea Warfare Center, Division Newport (NUWCDIVNPT) awarded this contract to AeroVironment, the only manufacturer of the Blackwing UAS, on a sole source basis in accordance with Federal Acquisition Regulations (FAR) guidelines.

Visit AeroVironment at the AUSA Annual Meeting and Expo from October 9–11:

Booth #201

Walter E. Washington Convention Center, Washington DC.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Digital Data Link (DDL) security enhancements to support operation in challenging electronic warfare (EW) and cyber environments, in addition to current M1/M2/M5 frequencies

WASHINGTON--(BUSINESS WIRE)--Association of the United States Army Annual Meeting and Exposition – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced that its Puma™ AE and Raven® small unmanned aircraft systems, the most widely deployed UAVs in the United States Department of Defense fleet, are being enhanced with new upgrades. The new aircraft, Puma 3 and Raven 3, will be unveiled at the AUSA Global Force Symposium in March 2018.

The upgrades, which are being briefed in a series of customer meetings at AeroVironment’s booth (#201) here this week, include durability enhancements to the aircraft to operate in more rugged environments, improved ability to support advanced third-party payloads and software applications and enhanced performance in challenging radio electronic warfare/cyber environments where interference is prevalent.

“The Puma 3 and Raven 3 upgrades are based on customer feedback and provide enhanced capabilities while preserving backward compatibility for our users,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business unit. “While thousands of our small UAS are working hard every day in rugged locations around the globe, we are always listening to our customers to determine how we can enhance our Family of Systems to make it even more powerful and reliable, especially in the highest risk operations. In addition to product enhancements, we are currently working with several customers on certification of our existing and upgraded UAS to operate in their national airspace systems. We take airworthiness and certification of our systems, and the components that go into our UAS, very seriously.”

The next-generation avionics suite on the Puma 3 and Raven 3 will include specialized processors to support advanced navigation techniques and third-party algorithms. Additionally, customers will be able to interface with next generation GPS modules for operation in GPS-challenged environments. Both aircraft will have an improved inertial measurement unit to enhance their flying capability.

Puma 3 features enhanced composite structures to support landing with heavier configurations and at higher altitudes. Puma 3 will incorporate a new, more efficient smart battery as well as enhancements to battery safety. Puma 3 will also reduce the system’s footprint from six transport cases to four, and will feature a flyable configuration in a single transport case with a luggage-type handle for improved portability.

Raven 3 will feature a new smart battery with an integrated state-of-the-charge indicator and improved safety and reliability during charging and flight operations. Raven 3 will also include an optional AVTracker capability, which improves Raven’s ability to maintain “eyes on target.”

Finally, Puma 3 and Raven 3 will be equipped with Digital Data Link (DDL) security upgrades to support operation in more challenging RF environments and will include M1/M2/M5 radio frequencies to conform seamlessly and securely to the Department of Defense’s new frequency spectrum allocation.

Visit AeroVironment at the AUSA Annual Meeting and Expo from October 9–11:

Booth #201

Walter E. Washington Convention Center, Washington DC

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

September 19, 2017

Raven and Puma AE aircraft now operate with new M1/M2/M5 radios and frequency spectrum, recently allocated to small UAS by the United States Department of Defense (DoD)

Raven and Puma AE systems equipped with M/1/M2/M5 radios weredelivered to two DoD customers this spring

AeroVironment also unveiled M1/M2/M5 compatible Pocket DDL AE, designed to operate in all environments

QUANTICO, VA at Modern Day Marine, Sept. 19, 2017– AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced that it has delivered M1/M2/M5-compatible Raven® and Puma™ AE unmanned aircraft systems (UAS) to two DoD customers, with more orders and deliveries scheduled. In addition, the company will begin taking orders in December 2017 for M1/M2/M5-configured Wasp® AE micro air vehicles (MAV) for delivery in spring 2018.

“Integrating the new M1/M2/M5 radio frequencies into our family of small UAS gives our customers the ability to seamlessly and securely conform to the Department of Defense‘s new frequency spectrum allocation and proceed with certainty,” said David Sharpin, vice president of AeroVironment’s Tactical UAS Business Unit. “By combining all three frequency bands in the same transceiver module, we’ve made it easy for users to select the frequency band associated with the part of the world in which they are operating without having to swap any hardware.”

AeroVironment today also unveiled its new Pocket DDL™ AE, a rugged, all- environment, next generation, secure digital video and data receiver that also integrates the new M1/M2/M5 radio frequency spectrum. The all-environment design of AeroVironment’s new Pocket DDL AE makes it significantly more rugged than its predecessor by offering a fully waterproof package (immersible to three feet) that supports tactical operations in a wide range of environmental conditions and difficult urban terrain.

Designed for simplicity and ease of use, the Pocket DDL AE facilitates rapid and secure access to a small UAS Digital Data Link (DDL) network.Each sleek unit has no exterior buttons or displays and is completely controlled through an App. Pocket DDL AE has a standard Glenair® Mighty-Mouse connector, making it compatible with the Army‘s Net Warrior system, so dedicated cables for Pocket DDL are not necessary.It can operate from any power supply, providing between 5 and 32 volts DC.

Pocket DDL AE implements an open-systems architecture, using a USB interface and XML messaging for control of the radio functions.This enables apps designed for special purposes, such as tactical operations, search and rescue, asset tracking, long- range communications, mission command, and targeting to use Pocket DDL AE to employ small UAS to help perform their tasks more effectively.

“Combined with the M1/M2/M5 upgrade to our Pocket DDL AE, this provides greatly enhanced capability across our entire family of small UAS product line for improved tactical operations,” Sharpin said.“This example demonstrates our ongoing commitment to upgrade our Family of Systems products and provide new capabilities to our existing and new customers around the world.”

AeroVironment will announce additional upgrades to its market-leading Family of Unmanned Aircraft Systems during the Association of the Army’s Annual Meeting next month.

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, RQ-20A Puma™, RQ-20B Puma and Snipe Nano UAS comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel.AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce.AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 40 international governments.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

MONROVIA, Calif., Sep. 19, 2017 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in electric vehicle (EV) charging, today announced its selection as an official North American provider of BMW and MINI-branded TurboCord accessory EV chargers. AeroVironment began shipping TurboCord as a premium charging accessory for BMW in May.

As a BMW and MINI Original Accessory, the TurboCord Electric Vehicle (EV) charging components meet the rigorous standards and requirements established by BMW Group. The TurboCord charger can be purchased with the vehicle, at all North American BMW and MINI dealerships and online. The dual-voltage charger features a small and lightweight design with a convenient 20 ft. charging cord. The TurboCord provides two chargers in one: Level 1 charging when plugged into any commonly available 120-volt outlet, and it also allows customers of any BMW and MINI electrified vehicle to charge at 3.6 kW, nearly 3 times faster than the standard occasional use cable (OUC) when used with a 240 V outlet (NEMA 6-20). TurboCord also integrates such state-of-the-art safety features as unit and plug temperature monitoring, automatic shut-off and a rugged, waterproof, submersible enclosure (NEMA 6p) that enables users to safely and reliably charge anywhere indoor and outdoor.

“BMW and MINI drivers will have charging versatility with the TurboCord, which packs flexible dual-voltage capability, nearly three-times faster charging and high safety standards into the smallest UL-listed dual-voltage charger on the market,” said Ken Karklin, vice president and general manager of AeroVironment’s Efficient Energy Systems business segment.“TurboCord’s portability, power and convenience make it ideal for charging at home or on the go – which is what every EV driver wants.”

Karklin added that the relationship between AeroVironment and BMW North America is an excellent example of companies working together toward a shared commitment to the future of clean transportation.

AeroVironment currently is a preferred integrated North American home charging solution supplier for nine global automakers and their growing BEV and PHEV fleets. With more than 25 years of history supporting EV technology and innovation, AeroVironment, a pioneer in EV charging, is recognized as a leading provider of a broad array of electric vehicle charging solutions that touch everyone from drivers to auto dealers to automakers.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

“The LRTA enables Puma AE operators to gather critical ISR data while positioned much farther from dangerous hostile fire,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “Importantly, this technology provides our customers with a UAS solution that can triple the range of existing Puma systems that use our standard omni-directional antenna.”

The antenna also features an automated tracking function (two-axis positioner) that ensures a secure and reliable link with the Puma air vehicle while it operates at extended range.When integrated with AeroVironment’s Mantis i45 electro-optical/infrared (EO/IR) gimbal sensor suite, this improved antenna gives Puma capabilities similar to larger and more costly Group 2 or higher UAS.

With M3/M4 DDL radio frequency capability, the new LRTA is compatible with a wide range of flight and ground assets that use those wavebands, including AeroVironment’s Pocket Digital Data Link (pDDL AE™) transceivers and Pocket RVT (pRVT™) video transceivers, which give users direct access to real-time video downlink images and geodata from any DDL-equipped platform.

Among other important features of the new LRTA, its rugged frame was designed for operation in the harshest conditions. It comes fully equipped with all the components needed for its operation. Plus, operation with the LRTA requires no modifications to Puma Systems compatible with M3/M4 DDL radios.

The new LRTA’s automated tracking function offers close range automatic antenna switching for omni-directional use. Additionally, the antenna is equipped with a self-contained uninterruptible power supply (UPS) for power conditioning.

Puma AE (All Environment) is a fully waterproof, small UAS designed for land and maritime operations. Capable of landing in water or on land, the Puma AE empowers the operator with unmatched operational flexibility in the small UAS class. Puma’s enhanced precision navigation system with secondary GPS provides optimal positional accuracy and reliability. Moreover, AeroVironment’s common ground control system (GCS) allows the operator to control the aircraft manually or program it for GPS-based autonomous navigation.

The LRTA for Puma AE systems is now available for ordering, with delivery scheduled for Spring of 2018.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

July 25, 2017

Australian-based companies XTEK Limited, Sentient Vision Systems and General Dynamics Mediaware to provide added capabilities for Wasp AE and local support

AeroVironment now supports more than 40 allied countries with its family of small unmanned aircraft systems

Canberra, Australia, July 25, 2017– AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today participated in a signing ceremony here for the formal execution of contracts (first announced June 1, 2017) to deliver Wasp® AE unmanned aircraft systems (UAS) to the Australian Defence Force (ADF) over a three-year period commencing July 1, 2018.

AeroVironment is working closely with Australian partners XTEK, General Dynamics Mediaware and Sentient Vision to provide Wasp AE, a proven capability in service with militaries around the world, which will then be modified with Australian content to meet both ADF and Australia industry needs. XTEK and AeroVironment will provide local maintenance, training and field support to serve the immediate needs of ADF while expanding AeroVironment’s global support capabilities.

“This contract to supply Wasp AE small UAV systems to support the Australian Defence Force is the result of 10 years of work with XTEK and the Commonwealth, including thorough operational testing, bringing small UAS compatible with the US operations to Australia, and adding capabilities from Australian companies,” said David Sharpin, vice-president of AeroVironment's Tactical Unmanned Aircraft Systems (UAS) business unit.“This collaboration reflects the unwavering commitment of all four companies and the ADF to support and protect the dedicated members of the Australian armed forces with the best UAS capabilities available in the world today – to help them proceed with certainty and ensure successful missions.”

Sharpin said this contract is another indication of AeroVironment’s growing global footprint. AeroVironment now counts more than 40 allied countries as customers for its family of small UAS, including Wasp® AE, Raven®, Puma™ AE and support services.

At only 2.8 pounds, AeroVironment’s Wasp AE is packed with powerful features, such as superior imagery, increased endurance, encrypted video and ease of use, that are inherent in all AeroVironment UAS solutions. Launched by hand and capable of landing on the ground or in fresh or salt water, the Wasp AE’s portability and flexibility make it ideal for infantry, littoral and maritime reconnaissance operations anyplace in the world.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

ISIS Fight Shows U.S. Military Can Use Lower-Cost Weapons with Lethal Results

July 19, 2017

The fight against the Islamic State has become a learning opportunity for the U.S. military as it looks to a future taking on very adaptable and resourceful opponents. There's also a growing realization that lower-cost technology solutions, whether in precision weapons or lighter attack aircraft, can provide advantages in an era of constrained budgets.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Australian Defence Force Selects AeroVironment Wasp® AE for AUD $101 Million Small Unmanned Aircraft Systems Program

June 01, 2017

Australian Defence Force Selects AeroVironment Wasp® AE for AUD $101 Million Small Unmanned Aircraft Systems Program

AeroVironment to provide Wasp® AE systems over three years with multi-year training and support

Total contract value to AeroVironment of up to USD $36.5 million for hardware and services over program lifespan

Australian partners XTEK, General Dynamics Mediaware and Sentient to provide added capabilities for WASP AE and local support for the Australian Defence Force

MONROVIA, Calif.,June 1, 2017 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the selection of the company’s Wasp AE small unmanned aircraft system by the Australian Defence Force (ADF). The ADF Indefinite Delivery/Indefinite Quantity (ID/IQ) contract calls for the delivery of Wasp AE systems over a three-year period, as well as training and logistics support for up to ten years, for a total AeroVironment contract value of up to USD $36.5 million.

“Wasp AE provides all environment situational awareness in a highly portable package,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “Along with our Australian partners XTEK, General Dynamics Mediaware and Sentient, we look forward to supporting and protecting ADF forces with the industry’s leading small UAS capabilities.”

AeroVironment is working closely with Australian partners XTEK, General Dynamics Mediaware and Sentient Vision to provide WASP AE, a proven capability in service with militaries around the world, which will then be modified with Australian content to meet both ADF and Australia industry needs. XTEK and AeroVironment will provide local maintenance, training and field support to serve the immediate needs of ADF while expanding AeroVironment’s global support capabilities.

The Wasp AE weighs 2.8 pounds, operates for up to 50 minutes at a range of up to five kilometers and delivers live, streaming color and infrared video from its pan-tilt-zoom Mantis i22 AE gimbaled payload. Launched by hand and capable of landing on the ground or in fresh or salt water, the Wasp AE provides portability and flexibility for infantry, littoral or maritime reconnaissance operations.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment’s Cell Phone-Size Drone is Helping US Military Forces

May 24, 2017

When it comes to military intelligence, tiny is where it’s at.

No one knows this better than AeroVironment Inc. (AV). The Monrovia-based maker of unmanned aircraft systems has produced a variety of small drones that are used extensively by U.S. military forces in Iraq and Afghanistan. But the company’s newly unveiled Snipe Nano Quad has taken “small” to a new level. The unit is about the size of a cell phone, but what it lacks in size it makes up for in a multitude of high-tech features.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

May 10, 2017

Advanced sensors enable Mantis i45 operators to see better and farther, providing more actionable intelligence for better decision making

In military operations, Mantis i45 increases the stand-off distance between the Puma AE and an area of interest by up to seven times, reducing the likelihood of detection while delivering high resolution images

DALLAS,at AUVSI XPONENTIAL, May 10, 2017 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced that its Mantis i45 electro-optical/infrared (EO/IR) gimbal sensor suite designed for the AeroVironment Puma AE (All Environment) small UAS is now in full production and shipping to customers. Unveiled last May, the i45 Mantis significantly enhances Puma AE’s intelligence, surveillance and reconnaissance (ISR) capabilities.

“With its dramatically improved imaging capabilities, AeroVironment’s Mantis i45 gimbal is a powerful, versatile and high value tool that gives military users world-class ISR capabilities comparable to platforms many times the size and cost of Puma AE,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business segment. “Puma AE, equipped with the Mantis i45 sensor suite, enables operators to see better and farther than ever before, providing more actionable intelligence so customers can proceed with certainty.

“In operations, the Mantis i45 reduces the likelihood of detection by increasing the distance between the Puma AE and areas of interest while still providing the clarity and image quality of a close-range asset,” Flittie added. “The higher resolution imagery also aids in target analysis, positive identification and better enables operators to identify threats to friendly forces. By minimizing Puma’s exposure to detection by the enemy, the Mantis i45 greatly improves its ability to complete reconnaissance missions safely and effectively.”

The AeroVironment Mantis i45 features an advanced suite of ultra-high-resolution EO and long wave IR imagers as well as a new low-light camera for optimum operations at any time of day in a single payload. Its cutting-edge EO/IR/low-light/illuminator sensor suite – featuring dual-color, 15 megapixel (MP) cameras (wide and narrow views), improved (640 x 480 MP) infrared imagery, a new 1.5 MP low-light camera, a high-power illuminator, 50-times zoom in EO, optional on-board storage of high definition video and high-resolution stills, and a dedicated on-board image processor – delivers superior imagery and data both day and night.

AeroVironment’s Mantis i45 gimbal also provides the same electro-optical image resolution as its predecessor i25 gimbal at up to seven times the distance. Improvements in sensors, control algorithms and drive mechanics yield an unprecedented level of mechanical stability in a small, waterproof gimbal system. Augmented with improved on-board digital stabilization, the AeroVironment Mantis i45 delivers outstanding video stability.

“AeroVironment is committed to continuous innovation that delivers more valuable capabilities to our customers.In addition to enhancing the software and delivering the real world reliability that customers expect from us, ensuring that the i45’s hardware is flexible and customizable enough to meet their dynamic needs was a top priority,” Flittie said. “AeroVironment’s Mantis i45 design specifications exceed those of any previous Puma AE payload.”

Size, weight and power (SWaP) were key design considerations.The all-environment Mantis i45 is rugged and powerful, yet lightweight and compact. A payload module similar to that of the Mantis i25 Puma AE payload houses the Mantis i45 and installs quickly and easily in a plug-and-play manner onto the Puma AE platform. Its modular hardware is capable of supporting a wide variety of imagers, enabling rapid development of new configurations to meet future customer needs.

In addition, the Mantis i45 is backward compatible with deployed Puma AE systems. Its waterproof design protects against sand, dust, rain, salt fog, snow, mud and 100 percent relative humidity conditions. As with previous Puma AE payloads, the Mantis i45 retracts into the fuselage for launch and recovery to protect the sensors during takeoff and landing.

No modifications to the Puma are needed to incorporate the Mantis i45. Additionally, on-board power-conscious processors optimize its power consumption, resulting in minimal performance impact to the Puma aircraft while delivering dramatically improved capabilities.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

CNN: Will Tiny Drones Become a Must-Have for Soldiers?

May 09, 2017

U.S. soldiers are getting another tool to stay a step ahead of the enemy.Aerovironment, a drone supplier for the U.S. military, has introduced a tiny drone that's designed to be worn on a soldier's uniform. The Snipe, which weighs about as much as a baseball, can be launched from the palm of one's hand. It's designed for close-range surveillance and reconnaissance.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Simple to use and requires no assembly; operates in challenging and rugged environmental conditions

Builds on breakthrough robotic Nano Hummingbird developed by AeroVironment for DARPA

DALLAS, at AUVSI XPONENTIAL, May 9, 2017 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today officially unveiled the new Snipe Nano Quad, a miniature (“Class 0”) and field-rugged unmanned aircraft system designed to support close-range intelligence, surveillance and reconnaissance missions. The first U.S. government customer delivery of 20 Snipe systems took place in April.

“Snipe’s tiny size belies its impressive capabilities,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “It is quick, quiet, fast, durable and packed with advanced features critical to helping our customers succeed in close-range missions.”

“Snipe enables operators to spring into action quickly,” Flittie said. “No assembly is required for the five-ounce (140-gram) nano-UAS, which is designed to be worn by its operator so it can be deployed in less than a minute.”

Equipped with electro-optical/infrared (EO/IR), low-light-capable and long-wave infrared (LWIR) sensors in an integrated tilt mechanism, Snipe can relay high-resolution images and record real-time video both day and night. In addition, Snipe’s integrated UHF radio provides for excellent non-line-of-sight operation. The software-defined radio (SDR) allows Snipe to be sold commercially.

With its quiet electric motors, flight speeds exceeding 20 mph and more than one-kilometer range, Snipe is difficult to detect in operating environments with even minimal ambient noise. Its rechargeable batteries power approximately 15 minutes of flight time. Despite its small size, the durable nano-UAS is capable of operating under challenging environmental conditions – including winds of 15+ mph with gusts up to 20 mph

“While Snipe’s stealthiness makes it ideally suited for military applications, it’s an invaluable asset for anyone needing a ‘Class 0’ UAS to support their missions,” Flittie said.

Snipe is controlled using an intuitive app on a standard, ruggedized (MIL-STD 810) touch screen controller with intuitive user interface and automated operation for ease of use.Other critical functions include Snipe’s ability to return to its operator automatically if it loses its radio link.

Snipe benefits from advances in nano unmanned technology achieved by the company in its development of the internationally recognized Nano Hummingbird. “The Nano Hummingbird, the world’s first unmanned aircraft capable of propulsion and control using two flapping wings, is an example of how our breakthrough innovation has spawned a valuable new capability in Snipe that now will help our customers proceed with certainty,” added Flittie.

AeroVironment’s Snipe Nano Quadrotor will be available to order Fall 2017. Operator training requires four hours only.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Convertible Subs and Armed Robots: U.S. Marines Test High-Tech Tools

April 26, 2017

On the sand, in the air and in the water, the U.S. Marines at Camp Pendleton are training for the next generation of warfare. “Throughout my entire career, maritime supremacy was guaranteed, air supremacy was guaranteed,” Col. Dan Sullivan said. “Now even a primitive adversary like ISIS is flying UAVs with explosive charges on them.”

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

“Atlanta International Airport has set out to become one of the greenest airports in the world, and AeroVironment will help ATL and its guests support that goal with our TurboDock EV charging systems” said Ken Karklin, Vice President and General Manager, Efficient Energy Systems for AeroVironment. “TurboDock is one of the easiest-to-use and most cost-effective charging stations available.Packed with features specifically designed to make it ideal for airports, including modular charging configurations, 120V capability and mobile app based access control, TurboDock helps EV drivers proceed with certainty.”

The installation of AeroVironment TurboDock charging stations is the most recent effort by the City of Atlanta and the Hartsfield-Jackson Atlanta International Airport to turn ATL into one of the greenest airports in the world. TurboDock charging stations will be located at the following parking locations at the airport: North and South Domestic Terminal daily lots, South Employee lot, the Maynard H. Jackson International Terminal Hourly deck, the International Park-Ride deck, the ATL Technical Support Campus and Maintenance Building No. 1 in the ATL airport perimeter.

AeroVironment TurboDock is designed for commercial applications like those found in Atlanta and other fast growing EV markets. Out of the box, TurboDock charges at either Level 1 (12 amps/120 volts), or at Level 2 (16 amps/240 volts). TurboDock is easy-to-use, flexible, offers low cost installation and features innovative access control using Bluetooth and a smartphone app, with none of the recurring monthly cellular fees associated with other networked chargers. The configurable, modular design allows for maximum installation flexibility.

TurboDock chargers offer power level and charging configurations appropriate for Airport applications. Having power flexibility allows for more charging ports for a given budget or available power capacity.Drivers parking their cars at airports and other transit locations prefer a larger number of low power charging ports, rather than a smaller number of high power ports, since their cars typically remain parked for longer periods of time.

TurboDock charging stations can be found in a growing number of workplaces, transit stations, hotels, shopping malls and universities. For more information, please visit http://www.evsolutions.com/turbodock.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

CHICAGO, At ProMat, April 3, 2017 – AeroVironment, Inc.(NASDAQ: AVAV), a leading supplier of industrial fast and opportunity charging solutions for electric forklifts, today at ProMat 2017 (booth number S-361) launched a patent-pending advanced version of its ConnectRx™ for its PosiChargeProCore™ line of electric forklift chargers for the materials handling industry.

According to the NIST White Paper “Towards Improved Forklift Safety,” more than 100,000 forklift accidents occur every year in the United States. The study also reported that one in six U.S. workplace deaths are caused by forklift accidents. Solutions that enhance forklift safety can positively impact workplace productivity and profitability.

“Last year AeroVironment launched ProCore with a focus on performance,” said Ken Karklin, general manager and vice president of AeroVironment’s Efficient Energy Systems business segment. “With its intelligent charging algorithm, companion app for easy configuration, and battery universal design, our goal for ProCore is to improve the performance of our customers’ operations.”

The advanced ConnectRx, a standard feature on PosiCharge ProCore, is a sophisticated cable connector health monitoring technology designed to detect connector abnormalities during charging sessions. It immediately alerts users to possible charger and battery output problems that could potentially result in damage to the forklifts or facilities and injuries to employees.

In addition to the advanced ConnectRx, PosiCharge ProCore’s anti-arc disconnect feature protects the operator and minimizes wear on the connectors.ProCore’s advanced charge algorithm manages voltage and battery electrolyte temperatures in real time and actively compensates for superior battery-gassing control.The low overcharge and accurate current control featured in ProCore contributes to extended battery life and increased safety.

The new, advanced ConnectRx will be available beginning in spring 2017 as a standard feature on the PosiCharge ProCore series.ProMat 2017 takes place at McCormick Place in Chicago, April 3-6.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

MONROVIA, Calif. and SAN CARLOS, Calif. March 28, 2017- Both customers and electric utilities across the US are set to gain more options and control over electric vehicle charging through the collaboration of AeroVironment, Inc. (NASDAQ: AVAV), a leader in electric vehicle (EV) charging and the preferred electric vehicle charging solution supplier for eight global automakers, and eMotorWerks, a leading provider of intelligent and cloud-connected smart-grid charging solutions. By integrating eMotorWerks’ JuiceNet smart-grid EV charging platform into AeroVironment’s line of consumer and OEM EV charging solutions, both companies aim to provide increased charging capabilities to customers and electric demand load aggregation for utilities.

“Our goal is to help our customers succeed by providing them with valuable capabilities, and our new relationship with eMotorWerks helps us achieve that goal,” said Ken Karklin, vice president and general manager, Efficient Energy Systems for AeroVironment. “Like AeroVironment, eMotorWerks is an innovative company, and working together we look forward to helping EV drivers and utilities proceed with certainty.”

AeroVironment charging solutions with integrated eMotorWerks’ JuiceNet will enable EV drivers to gain benefits that include smartphone, web and Amazon Alexa voice control over charging, real time and historic energy usage for cars, notifications of charging status, load balancing two or more EVSEs on the same electrical circuit to share the load while avoiding tripping breakers, and setting charging schedules that correspond to lower utility rates, saving customers money on charging.

For electric utilities, the JuiceNet integration, via open APIs and industry standards such as OpenADR, makes it possible to aggregate fleets of charging EVs. Such a high level of control over EV charging load allows utilities to modulate energy demand on the grid, and to shift and spread out EV charging loads to times when renewable resources are more abundant or energy rates are lower.

“AeroVironment is a recognized industry pioneer and leader in EV charging solutions,” said Valery Miftakhov, founder and CEO of eMotorWerks. “Drivers and car manufacturers will get the best of both worlds through integrating our cloud solutions with AeroVironment’s broad range of safe, proven, EV charging solutions. Together we will offer the best products to our customers to power the continued adoption of EVs.”

The integration of eMotorWerks’ market-leading solutions for smart-grid charging enables EV drivers to control their charging via smartphone applications, and in certain geographies, earn frequent charging rewards through eMotorWerks’ exclusive platform and utility partnerships. Drivers can also optimize the mix of renewable energy used when charging their vehicles. JuiceNet has the capability to increase the relative percentage of renewable energy used to charge a driver’s EV by setting the “Green Charging” feature. Charge times are automatically optimized to match the periods of highest renewable energy generation on the grid. In certain California geographies customers can earn rewards dollars for using this feature, which will be expanding in the future to locations outside of California.

More information about AeroVironment’s EV charging solutions is available at www.evsolutions.com.

About eMotorWerks

Founded in 2010, and based in the San Francisco Bay Area, eMotorWerks is revolutionizing the electric vehicle (EV) charging market with its JuiceNet-enabled smart grid EV charging solutions. JuiceNet enabled devices, such as the company’s connected, high-power JuiceBox charging stations, maximize charging efficiency and speed while providing EV owners intuitive control and visibility. By shifting when and how much electricity JuiceNet-enabled stations draw from the grid, eMotorWerks helps utilities and grid operators reduce electricity costs, ease grid congestion, and maximize the use of solar and wind power. eMotorWerks contracts with grid operators for those services and shares back a portion of proceeds to EV drivers via upfront purchase discounts and ongoing rewards for smart-grid charging. For more information on eMotorWerks, visit www.emotorwerks.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements"

as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; our reliance on sales to the U.S. government; changes in the timing and/or amount of government spending; changes in the supply and/or demand and/or prices for our products and services; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Reports on 10-Q. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Ready, Set, Take Off, 1/12 Tests Puma UAS

March 18, 2017

MARINE CORPS BASE HAWAII --

Marines with 1st Battalion, 12th Marine Regiment tested an Unmanned Aerial System, also known as the RQ-20 Puma, at Marine Corps Training Area Bellows, Hawaii, March 8, 2017.

The Puma provides land-based and maritime intelligence surveillance and reconnaissance. It also allows small units the ability to detect improvised explosive devices, according to www.navair.navy.mil.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Incorporating customer design elements and branding specifically for Volvo Cars, this charging station can be conveniently wall mounted. It will enable drivers to charge their vehicles up to three times faster than is possible with a standard cordset.

AeroVironment’s reputation for providing innovative and robust EV charging solutions was the reason Volvo Cars chose the company for its third EV charging initiative, this time for a reliable global charging station. AeroVironment is developing a premium custom EV charger that aligns with the premium image of the Volvo XC90 and a growing line of Volvo Cars’ plug-in hybrid vehicles.

“Volvo Cars’ approach to plug-in hybrid electric vehicles positions it as an innovator, and we look forward to providing Volvo Cars’ customers with a wall mounted charging station they can rely on to charge safely and proceed with certainty,” said Ken Karklin, vice president and general manager, Efficient Energy Systems for AeroVironment. “Our goal is to ensure that Volvo Cars’ customers have the best possible charging experience.”

AeroVironment’s charging station design will incorporate global third-party safety agency certifications for each market including UL, CE and China CQC. The new charging station will be designed with a weather-resistant IP55 enclosure and will deliver AC power safely to a vehicle’s on-board charger both indoors and outdoors.

AeroVironment’s TurboCord™ Dual plug-in EV charger is also a Volvo Cars-preferred charging solution. The addition of Volvo Cars’ customized global charging station builds on a proven partnership between the two companies to give customers the ability to reliably charge their vehicles anywhere. AeroVironment’s new charger will pair well with the TurboCord model that comes standard in the trunk of the Volvo XC90 T8 Twin Engine plug-in hybrid. Volvo Cars drivers can now have the best of both worlds – a charging station in their garage, and one in the trunk.

AeroVironment is currently the preferred integrated North American home charging solution supplier for eight global automakers and their growing fleets of plug-in electric vehicles. With more than 25 years of history supporting electric vehicle technology and innovation, AeroVironment is recognized as the leading provider of a broad array of EV charging solutions that touch everyone from drivers to automakers. More information on AeroVironment’s EV charging solutions can be found at: www.evsolutions.com

About Volvo

Volvo Car USA, LLC, (www.volvocars.com/us) is a subsidiary of Volvo Car Group of Gothenburg, Sweden. VCUSA provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States. For more information please refer to the VCUSA media website at: http://www.media.volvocars.com/us.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Using Drones to Scout Almonds From Above

February 28, 2017

It sounds like an almond grower’s magnificent dream: Instead of having people walking orchard blocks to make sure your trees are getting adequate irrigation, you just whip out your phone or tablet and chart a course for your drone. But if the scientists involved in a new project are correct, this is no dream. When growers wake up in the morning, they can draw up a flight plan and check various orchards — without ever leaving their front porch.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Can Drones Help Almond Growers Save Water? We Are About to Find Out.

February 22, 2017

AeroVironment Inc. has partnered with Cal State Fresno in a year-long study to determine how imagery and analytics from drones could be used to help almond growers better manage their water use.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment Advances Research with Farmers and University Partners; Adds Multi-Crop Support to its Intuitive Quantix Drone and Decision Support System

February 14, 2017

Research program entering third year to expand the agronomic analytics and capabilities of the company’s innovative drone and analytics platform

AeroVironment growing its library of supported crops to provide targeted analytics with more precision and value to producers in key agriculture markets

Findings to provide a deeper understanding of how multispectral data can be used to speed awareness and empower faster decisions for greater yields

TULARE, Calif. Feb. 14, 2017, At World Ag Expo – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, shared details regarding its ongoing pilot programs which are entering their third year and have guided development of the AV DSS platform.The company also displays its Quantix™ drone and AV Decision Support System™ (AV DSS) to World Ag Expo and National Farm Machinery Show attendees this week, highlighting the fully-integrated ecosystem’s powerfully-simple operations and innovative data analytics capabilities.

“Our extensive work with early adopter agriculture customers continues to inform the architecture for our Quantix drone and AeroVironment Decision Support System,” said Jon Self, vice president of Commercial Information Solutions at AeroVironment. “The pilot programs allow us to learn how to integrate drone technology into the way growers operate and is helping us to develop some very specific analytics. Our results and experience from working with multiple crops guide our design to give farmers an intuitive solution that is the first of its kind in the marketplace.”

AeroVironment partnered with a group of independent farmers and universities to ensure the Quantix drone and AV DSS platform meet the agronomic needs of commercial farmers and operators. The project team repeatedly surveyed tens of thousands of acres during the past two years, focusing research efforts into various crops including almonds, walnuts, corn, grapes, sugar beets, strawberries and tomatoes to test analytics that identify canopy cover, early disease detection and yield prediction capabilities.

The projects employed a variety of sensors including photogrammetry, multispectral, and LiDAR to develop highly precise (1 in. resolution) topographical maps for water management, developing flow diagrams that examined drainage, erosion, run-off and tile line designs within a field.

As the pilot programs extend into 2017, AeroVironment will expand research to include additional surveys of row crops, specialty crops and permanent crops. This commitment to research ensures that Quantix with AV DSS will continue to evolve in its precision and targeted crop analytics.

Innovative design, engineered for precision agriculture

The findings from this research strengthen the capabilities of AeroVironment’s Quantix and DSS ecosystem.Quantix boasts a hybrid design that combines the aerodynamic efficiency of a fixed-wing aircraft with the flexibility and safety of a multi-rotor drone. Quantix is the first hybrid drone to be introduced to the agricultural marketplace and is designed to pair seamlessly with AV DSS, allowing growers to review drone-collected data easily for both quick insights and deeper analysis.

Quantix collects RGB and NDVI multispectral images that can be viewed on-site immediately after each flight and then are uploaded, processed and stored securely in the cloud for growers to view either on their mobile device or a desktop computer. The AV DSS will feature a mobile app component allowing producers to collect and record infield observations. The platform is equipped with an alert system that instantly notifies farmers of anomalies in the field so that immediate action can be taken to address stressors.

To develop this technology based on agronomic research, AeroVironment has partnered with leading universities that are studying the use of aerial multispectral imagery to better identify specific crop stresses.

The company recently announced it has begun a year-long study with California State University, Fresno to research how UAV imagery and analytics could potentially detect varying levels of water stress in almond trees and give producers smarter insights to make more effective in-season decisions regarding water management.

AeroVironment also has engaged with North Dakota State University on a similar study to enable the early detection of three key diseases in sugar beets. Findings could help sugar beet growers identify infected plants before symptoms are visible to the naked eye – saving time and production costs while increasing yield.

Quantix and AV DSS will be available for sale later this year. Learn more about Quantix with AV DSS at avinc.com/shows and visit AeroVironment’s booth (#3024) at World Ag Expo, and (#7456) at the National Farm Machinery show to meet with drone experts and participants in the ongoing pilot program.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Ag at Large

January 30, 2017

They won’t know until September, but California orchardists might find that their plots of trees look better from above than they do from ground up. Photos taken from unmanned drone aircraft will help them decide.

The drones are already circling above the orchards at Fresno State University, taking photos that university staff will analyze. The views are expected to show some features, both good and bad, that might be overlooked when inspecting tree conditions only from the ground. It’s another high tech application to California’s high production farming.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment Appoints Teresa Covington Chief Financial Officer

December 20, 2016

MONROVIA, Calif.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ:AVAV) today announced the appointment of Teresa Covington as chief financial officer, effective March 1, 2017. Covington will succeed Raymond Cook, who is resigning as senior vice president and chief financial officer, effective February 28, 2017 due to medical reasons.

Wahid Nawabi, AeroVironment president and chief executive officer, said, "The Board of Directors, our employees and I thank Raymond for his service and appreciate his willingness to support Teresa during this transition."

"Teresa has been a critical member of our leadership team since she joined AeroVironment 5 years ago," Nawabi added. "She has 25 years of financial leadership experience and exceptional industry knowledge, including as interim CFO of AeroVironment. I am excited to work closely with Teresa in her new role as we execute our business strategy to continue driving long-term value for our shareholders, customers and employees."About Teresa CovingtonSince joining AeroVironment in 2011, Teresa Covington has provided financial leadership to AeroVironment and its EES business segment and has served as a senior member of the company's finance team. Covington served as the company's interim chief financial officer from February 5, 2015 to July 7, 2015. Covington's responsibilities included financial analysis, planning, accounting, credit and collections as well as launching and leading a new product line management organization.Prior to joining AeroVironment, Covington served as senior vice president and chief financial officer at Line 6, a global designer and manufacturer of musical instruments now part of Yamaha. Covington earned her master's in business administration from Stanford University Graduate School of Business, a master's in electrical engineering from the University of Southern California and a Bachelor of Science in electrical engineering from the University of Illinois at Urbana-Champaign.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment And California State University, Fresno Begin Field Research To Identify Water Stress In Almond Production Using Advanced UAV Data

December 07, 2016

AeroVironment and Fresno State to study the correlation between aerial multispectral data and hydration data related to water stress

Results should identify varying levels of water stress in almond trees and which types of imagery might enable almond producers to make more effective water management decisions

Project running Dec. 2016 – Aug. 2017; final results to be announced in September, 2017

MONROVIA, Calif.,Dec. 7, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced it has begun a year-long study with California State University, Fresno to research how unmanned aerial vehicle (UAV) imagery and analytics could potentially detect varying levels of water stress in almond trees and give producers smarter insights to make more effective in-season decisions regarding water management.

“Improved crop management is a major goal for all growers, including almond producers,” said Jon Self, vice president, AeroVironment Commercial Information Solutions. “Working closely with the plant science experts at Fresno State’s globally recognized Jordan College of Agricultural Sciences and Technology, we look forward to developing a reliable and effective means of correlating multispectral data with almond tree hydration data to provide growers with better insight so they can proceed with certainty.”

Almonds represent the state’s second largest agricultural commodity, valued at $5.33 billion in 2015 according to the California Department of Food and Agriculture.The Almond Board of California (ABC), reports that almonds account for approximately 14 percent of California’s total irrigated farmland. To assure long term sustainability, almond producers are increasingly turning to advanced technologies to push the envelope of water use efficiency while serving as good stewards of this limited resource.

AeroVironment will deploy its Puma™ UAV configured with a 24 megapixels photogrammetric camera and 6-channel multispectral sensor to capture data and aerial imagery of the Fresno State University Agricultural Laboratory (UAL) orchards. AeroVironment’s DSS™, a cloud-based analytics platform, will then process and analyze the data for correlation with ground measurements.The team will test several linear and non-linear geospatial data algorithms for statistical correlation and predictability validated by ground-level hydration data. Fresno State researchers and UAL campus farm staff will closely monitor the hydration levels of almond trees as well as environmental and crop conditions using a variety of soil and plant sensors.

Together, the team aims to gain a greater understanding of what types of imagery and data output will allow almond producers to make better decisions regarding the fine balance between water management and the needs of the crop to obtain optimal yield.

Results of the year-long study are expected to be available in September 2017.

Please visit www.avinc.com/cis for more information on AeroVironment Commercial Information Solutions, including its Quantix drone and Decision Support System.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

General Motors Selects AeroVironment EVSE-RS As Official Home Charging Station For 2017 Chevrolet Bolt EV

December 06, 2016

AeroVironment’s 32-Amp EVSE-RS charges up to 5 times faster than standard cordsets

Provides safe, smooth, dependable charge – indoor or outdoor

Builds on General Motors and AeroVironment’s pioneering EV innovation

MONROVIA, Calif., Dec. 6, 2016 – General Motors Company (NYSE:GM) has named AeroVironment, Inc.’s(NASDAQ: AVAV) EVSE-RS as the official charging station accessory for its all-new, all-electric 2017 Chevrolet Bolt EV.

Making its debut in California and Oregon late this year, the highly anticipated, all-electric Chevrolet Bolt EV features an EPA estimated range of 238 miles per charge. With a starting MSRP of $37,495, before available tax incentives, the Bolt EV offers double the range of existing EVs in the same price range.

“We selected AeroVironment due to their strong brand recognition, reputation for reliability, and decades of leadership in supporting EVs,” said Darin Gesse, Bolt EV Product Manager.“In addition, their EVSE-RS provides proven performance, making AeroVironment a great partner for Chevrolet.”

As an official accessory, AeroVironment’s EVSE-RS charging station will be labeled with its own GM part number and will be available through Chevrolet dealerships. The level 2 EVSE-RS can charge up to five times faster than standard cordsets and is easy to use, elegantly designed for indoor or outdoor operation and equipped with advanced safety features. It is rigorously tested beyond UL requirements to meet strict internal and external quality standards ensuring world class safety and reliability.

“Our broad array of EV charging solutions is helping to make EV ownership more efficient and practical, by offering convenient residential and workplace options for drivers who are looking to charge their EVs faster and more affordably. GM’s selection of our EVSE-RS is a strong validation of our approach,” said Ken Karklin, Vice President and General Manager, Efficient Energy Systems for AeroVironment.“We worked alongside GM to usher in the age of the modern EV and we collaborate once more to deliver range, reliability and certainty to a new generation of EV drivers with the launch of the game-changing Chevrolet Bolt EV.”

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment to Launch Latest Drone Next Spring

November 22, 2016

Area businesses will be able to add a new high-tech tool to their arsenals early next year.

That tool will come from AeroVironment a Southern California technology company that is set to release a new commercial drone next spring. Named Quantix, the drone will have a variety of commercial applications and is designed to assist businesses that focus on agriculture, energy and transportation.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

The AeroVironment Decision Support System (AV DSS™) is a full service, cloud-based data analytics platform, incorporating a high level of automation plus leading research and algorithms to deliver actionable insights

The AeroVironment Quantix drone will give businesses the same air superiority, trusted certainty and security that the company is known for as the leading drone supplier to the U.S. Department of Defense.

Quantix is an innovative drone featuring powerfully simple, automated flight with an operator-in-the-loop, and a unique, hybrid design that allows the aircraft to launch vertically and transition into horizontal flight, maximizing aerodynamic efficiency and range.

Operating Quantix is as simple as 1-2-3:First, to plan a mission, the operator simply traces their finger over a map displayed on the tablet controller screen to identify an area of interest.Second, the system guides the operator through a simple, automated pre-flight check to ensure a safe, reliable mission.Third, the operator simply presses the “fly” button and Quantix does the rest, including performing a detailed built-in test procedure, optimizing its flight path for maximum coverage, launching, and then landing vertically when its mission is complete after scanning hundreds of acres with its color and multispectral sensors.Quantix is designed to be the first practical commercial drone combining the advantages of vertical liftoff, for safe launch and soft landing, and horizontal flight to acquire data quickly and easily.It also includes “land now” and “return home” command safety features for complete control.

At the heart of AeroVironment’s Commercial Information Solutions business is the Decision Support System. AeroVironment’s DSS uses advanced research and algorithms to produce high-resolution datasets and analysis of agriculture fields and vineyards, bridges, railroad tracks, pipelines, roads and many other valuable assets. It has easy-to-use mobile interfaces with secure cloud-based data storage. Developed with proprietary algorithms, the AV DSS is the foundation for powerful data processing, integrating data streams from multiple types of sensors and data collection tools and capable of securely storing large amounts of image data for historical trend analysis.

“AeroVironment’s Commercial Information Solutions business integrates remote sensing and surveying with cloud-based data analytics to help customers in multiple industries increase the efficiency of their operations,” said Wahid Nawabi, AeroVironment chief executive and president.“Quantix and AV DSS provide our customers the first truly one-stop, full-service decision-support-system so they can make smarter, quicker decisions that will help increase their revenue and reduce uncertainty and risk.”

Nawabi added, “Our customers told us they want to focus on running their businesses, not on becoming drone experts.That’s why we designed our highly automated system from the ground up to make it easy for them to get the insights they need so they can proceed with certainty.From an easy-to-use and reliable drone, to easy-to-access analytics, customers will benefit from our industry-leading drone and sensor technologies, proven reliable by the most exacting customers in the harshest environments on the planet.”

AeroVironment (Booth #401) will begin delivery of Quantixin the Spring of 2017.Visit avinc.com/CIS to stay informed with exclusive updates and see a video of the Quantix in operation.Register here to receive updates and for the opportunity to reserve your own Quantix system once pre-orders begin February 2017.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

The Netherlands Ministry of Defence Awards AeroVironment Contract for Small Unmanned Aircraft Systems and Upgrades Valued at $10.3 Million

October 31, 2016

Includes upgrade of existing AeroVironment Raven B systems to digital data link and adoption of AeroVironment’s family of small UAS, including Puma AE and Wasp AE systems

Second contract from Dutch military for AeroVironment small UAS

MONROVIA, Calif., Oct. 31, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the receipt of a contract from the Netherlands Ministry of Defence on October 14 for small UAS, upgrades and support services totaling $10,321,375. Delivery is anticipated within six months.

The Netherlands procured AeroVironment Raven systems for the first time in 2008.AeroVironment has provided support services to the Netherlands since 2008.

“The Dutch Defence Materiel Organisation (DMO) evaluated our extensive operational experience with the AeroVironment Raven system against competing systems available both domestically and internationally,” the DMO stated. “After careful deliberation and consideration of total value, DMO decided not only to upgrade our existing analog Raven systems with AeroVironment’s digital data link, but also to procure the complete AeroVironment family of fixed wing small UAS.This builds on our initial investment and equips our forces with the most capable and reliable small UAS in the world.”

“There is no greater statement of confidence in our company and our products than when customers place follow-on orders with us,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “We are proud to provide the brave members of the Dutch armed forces with small UAS uniquely capable of helping them proceed with certainty,even in the most uncertain conditions.”

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, RQ-20A and B Puma™ and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered tens of thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 international governments.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Industry Unveils New Unmanned Aircraft Technology

October 17, 2016

AeroVironment — the manufacturer of Army drones such as the Raven and Puma — unveiled a new tiny unmanned aircraft at the Association of the United States Army’s annual conference this week in Washington, D.C. Known as the Snipe, the system weighs 130 grams, can loiter for 20 minutes and has a range of 1 kilometer. It also comes equipped with an electro-optic and infrared camera, said David Sharpin, vice president of UAS business development at AeroVironment’s unmanned aircraft systems division.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

October 04, 2016

AeroVironment’s Blackwing loitering reconnaissance aircraft can also be launched in rapid succession from ground vehicles and surface vessels to enable rapid-response Intelligence, Surveillance and Reconnaissance (ISR) and Cross-Domain operations

WASHINGTON at Association of the United States Army Annual Meeting and Exposition, Oct. 4, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today introduced a Multi-Pack Launcher (MPL) for its Switchblade® Lethal Miniature Aerial Missile System and its Blackwing™ tube-launched unmanned aircraft.

The MPL can be employed in Forward Operating Bases and controlled from remote locations, such as bunkers and buildings, to protect system operators from incoming fire.For land forces, the MPL can also be integrated into tactical ground vehicles to provide force protection and ISR on-the-go.MPL comes in a standard 6-pack configuration weighing 160 pounds fully loaded. AeroVironment’s design is scalable from 2 to 20 Switchblade/Blackwing rounds and enables rapid reload of less than 30 seconds per round.The MPL can be powered via shore and tactical vehicle power, and is also equipped with solar panels and an internal battery pack to ensure uninterrupted operation. Future naval versions of MPL will enable surface ships to launch multiple Blackwing UAVs rapidly to provide multi-UAV ISR and Cross-Domain Communications, Command and Control.

“Our new Multi-Pack Launcher is compact, modular and rugged to provide fixed and mobile force protection and ISR for our warfighters in frontline operating environments,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment.“We designed MPL from the ground-up to address warfighters’ needs, based on our extensive operating and training experience in the field, for easy installation, integration and operation.The MPL’s ability to launch either our Switchblade rounds or our Blackwing UAVs provides additional flexibility to our customers to address a growing number of mission requirements in the future.”

About AeroVironment Tactical Missile Systems

Switchblade and BlackwingTM form the basis of AeroVironment’s emerging family of Tactical Missile Systems. Switchblade is a rapid launch, high precision, force protection loitering missile that minimizes collateral damage.Designed initially for dismounted infantry operations, Switchblade spawned a number of variants in development for new customers and new applications. Blackwing is a variant of Switchblade designed to provide intelligence, surveillance and reconnaissance capabilities for longer missions and can be launched from submerged submarines and unmanned underwater vehicles.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

United States Army Awards AeroVironment $22.8 Million Contract for Lethal Miniature Aerial Missile Systems (LMAMS) and Support Services

October 03, 2016

AeroVironment will deliver its Switchblade Block 10C through this contract to meet urgent requirement

AeroVironment provides full system capability, including Switchblade systems, operator training, support and logistics

WASHINGTON at Association of the United States Army Annual Meeting and Exposition, Oct. 3, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced the United States Army Close Combat Weapons Systems Project Office has awarded the company a contract for Block 10C Switchblade™ Lethal Miniature Aerial Missile Systems (LMAMS) and support services valued at $22,776,812 through a Joint Urgent Operational Needs Statement.Delivery is anticipated within 12 months.

First deployed by United States forces in 2011, the AeroVironment Switchblade provides warfighters with force protection and precision strike capabilities up to ten kilometers from its launch location, with minimal to no collateral damage and wave-off capability.Block 10C Switchblade, introduced by AeroVironment in May 2016, incorporates improvements based on feedback from users, including encrypted digital communications.

“Switchblade is a mature system, in production, that delivers unmatched force protection and precision strike capabilities to American forces,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment.“Soldier-portable and lightweight, Switchblade is a uniquely powerful LMAMS solution for complex combat environments.AeroVironment stands ready, with a proven product, supply chain and production system, to respond rapidly to this and future requirements.”

Visit AeroVironment at the AUSA Annual Meeting and Expo from October 3 – 5th:

Booth #2339

Walter E. Washington Convention Center, Washington DC.

About AeroVironment Tactical Missile Systems

Switchblade forms the basis of AeroVironment’s emerging family of Tactical Missile Systems. Switchblade is a rapid launch, high precision, force protection loitering missile that minimizes collateral damage.Designed initially for dismounted infantry operations, Switchblade spawned a number of variants in development for new customers and new applications.

About AeroVironment

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain words such as "believe," "anticipate," "expect," "estimate," "intend," "project," "plan," or words or phrases with similar meaning. Forward-looking statements are based on current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, reliance on sales to the U.S. government; availability of U.S. government funding for defense procurement and R&D programs; changes in the timing and/or amount of government spending; risks related to our international business, including compliance with export control laws; potential need for changes in our long-term strategy in response to future developments; unexpected technical and marketing difficulties inherent in major research and product development efforts; changes in the supply and/or demand and/or prices for our products and services; the activities of competitors and increased competition; failure of the markets in which we operate to grow; failure to remain a market innovator and create new market opportunities; changes in significant operating expenses, including components and raw materials; failure to develop new products; the extensive regulatory requirements governing our contracts with the U.S. government; product liability, infringement and other claims; changes in the regulatory environment; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

September 20, 2016

Kenyan Defense Force Military Intelligence Battalion members received basic training on assembly, disassembly, repair, and preventative maintenance for the AeroVironment RQ-11 Raven as those topics relate to basic mission planning and advanced flight plans.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Blackwing’s tight integration into the US Navy’s submarine fleet using an open-architecture communication system will enable communication and control of multiple unmanned vehicles over long distance

RHODE ISLAND, Naval Undersea Warfare Center, Newport Division, Sept. 7, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced the United States Navy has successfully demonstrated the use of its submarine-launched BlackwingTM UAV to link with a swarm of unmanned undersea vehicles and communicate with the submarine combat control system during the Annual Naval Technology Exercise (ANTX) on August 16.

Along with providing a new and unique intelligence, surveillance and reconnaissance (ISR) capability to submarine commanders, the Blackwing UAV can also provide high-speed data and communication relay for Command and Control (C2) between geographically separated vessels such as manned submarines, unmanned undersea vehicles (UUVs) and surface ships. Deployed UUVs collect large quantities of data while conducting diverse missions ranging from mine-hunting to wide-area oceanographic sensing.During the ANTX exercise, an AeroVironment developed, government-owned, secure digital datalink called DDLTM, integrated into all Blackwing UAVs, relayed real-time information from the surrogate manned submarine via the Blackwing UAV to and from multiple UUVs.

Blackwing builds on AeroVironment’s extensive development and operational experience with its SwitchbladeTM Lethal Miniature Aerial Missile System (LMAMS) and its common DDL to provide the Navy with a deployable submarine launched unmanned aircraft vehicle optimized for distributed Anti-Access/Area Denial (A2/AD) environments.

“Our Naval Undersea Warfare Center partners seek solutions for quickly and seamlessly linking the air and undersea domains to enhance warfighter capability. We successfully demonstrated the innovative utility of AeroVironment’s new Blackwing unmanned air vehicle,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “Blackwing delivers significant value to the undersea community, and we look forward to working closely with our partners to expand this powerful new capability to enable underwater vehicles and cross-domain interoperability. In addition to our Navy partners, we also thank our industry partner Sparton for their continued support on Blackwing efforts.”

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, RQ-20A and B Puma™ and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered tens of thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 international governments.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

ADELAIDE, Australia, At Land Forces 2016, Sept. 6, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in small unmanned aircraft systems (UAS), today announced it is teaming with Australia-based XTEK, Sentient Vision and General Dynamics (GD) Mediaware to deliver AeroVironment’s Family of Unmanned Aircraft Systems to the Australian market. The team will offer the AeroVironment Wasp AE Micro Air Vehicle, designated as the RQ-12A by the U.S. Department of Defense, to the Australian Armed Forces.

“Teaming with XTEK, Sentient and General Dynamics Mediaware for delivery and sustainment is key to ensuring our customer’s success as its forces rely on the advanced, versatile and life-saving capabilities of our Wasp AE systems to proceed with certainty,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business segment.

“Wasp AE is an all-environment small unmanned aircraft system designed for reliable and effective operation in real-world environments,” said Flittie. "It enhances our fully digital family of small unmanned aircraft systems and incorporates the advanced capabilities of Puma AE™ and Raven® into a smaller, lighter and more portable package for rapid deployment and minimal logistics support.”

Each Wasp AE system consists of two air vehicles and one ground control system (GCS). “It delivers – in a man-packable asset – exceptional features of superior imagery, increased endurance, encrypted video and ease of use that is inherent in all AeroVironment UAS solutions,” Flittie said.

The 2.8-pound (1.3 kilograms) MAV has a 29-inch wingspan and is designed for ground and water landing, making it suitable for both land and maritime missions. It carries interchangeable payload modules and incorporates the smallest of AeroVironment's Mantis™ suite of miniature gimbaled payloads, the 275 gram Mantis i22 AE, giving operators both color and infrared video imagery from a single sensor package.

Operating virtually undetected, Wasp AE’s mechanically stabilized EO/IR gimbal payload transmits advanced imagery, even in windy conditions, for mission effectiveness. It also features hand-launch capabilities, with a deep-stall landing in confined areas on land or water. It further can be operated manually or programmed for autonomous operation using the system’s advanced avionics and precise GPS navigation.

Wasp AE is operated from AeroVironment’s time-tested and proven GCS with a communications range of 5 km and flight endurance of 50 minutes. AeroVironment’s common GCS interfaces with all of its tactical ISR air vehicles reducing the level of training required and decreasing the time and cost involved.

About XTEK Limited

XTEK Limited is a leading company in the Australian Homeland Security Market. XTEK’s knowledge and expertise is focused on the delivery of protection and sustainment solutions for the government, law enforcement, military and commercial sectors. For more information, visit the XTEK website at www.xtek.net.

About Sentient

Sentient Vision Systems develops and deploys computer vision solutions for defense and civil applications. Since 1999 Sentient has specialized in video analytics with a primary focus on the development of automated detection software for full motion video. Sentient’s solutions enhance the performance of EO/IR operations for many agencies and forces worldwide. For more information, visit www.sentientvision.com.

About General Dynamics Mediaware

General Dynamics Mediaware is an Australian technology company supplying high-quality compressed domain digital video processing products. Widely recognized as a leading global innovator in digital video technology, the company’s video processing systems allow users to harness the benefits of standards-compliant compressed video and audio processing in an all-digital domain. For more information, visit http://www.mediaware.com.au/.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

August 11, 2016

Hand launched from the ship, Puma AE autonomously guides itself into a net on the flight deck after mission completion

ISR data from Puma AE streams directly into the ship’s command and control system and the U.S. Navy’s communications network

MONROVIA, Calif., Aug. 11, 2016 -- AeroVironment, Inc. (NASDAQ: AVAV) today announced the United States Navy has tested and deployed the RQ-20B Puma™ small unmanned aircraft system (UAS) aboard a Flight I Guided Missile Destroyer (DDG Class).Some of these exercises included the use of AeroVironment’s fully autonomous system to recover the aircraft aboard a ship. The US Navy issued a report on August 3 from the Arabian Gulf describing how Puma AE is also being utilized (see “US Ships Utilize Small Eye in the Sky”) on Navy Patrol Craft.

Following completion of a Puma AE intelligence, surveillance and reconnaissance mission, the AeroVironment Precision Recovery System provides for the autonomous on-board recovery of the aircraft, without interrupting the ship’s operations.Because the Puma AE is also designed to land and float in water, operators can choose to recover it from the ocean, should mission requirements dictate.

The AeroVironment Precision Recovery System occupies a small footprint and can be managed and operated by members of a ship’s crew, as opposed to requiring external contractors. It is transported in tactical packaging that can be hand-carried aboard and readily transferred from one ship to another.

“Our Precision Recovery System expands the capability of Puma AE to support maritime operations.This solution also builds on AeroVironment’s extensive operational experience with small UAS to provide the Navy with a low-cost, hand-launched capability optimized for contested environments,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business segment. “Puma AE’s ability to operate from a wide variety of surface vessels ensures rapid response reconnaissance capabilities that help our customers operate more safely and effectively and proceed with certainty.”

Puma AE can be launched and recovered very quickly.The UAS features a gimbaled payload that delivers high quality electro-optical (EO) and infrared (IR) imagery and AeroVironment’s secure Digital Data Link (DDL).These features improve situational awareness for the ship and also for boat crews who carry their own remote video terminal (“Pocket DDL”) during approach and assist or other missions.

AeroVironment developed the Puma AE system to compete for, and win, a 2008 United States Special Operations Command (USSOCOM) competitive program of record and subsequently supplied the system to the U.S. Navy Expeditionary Combat Command Coastal Riverine Forces, the US Army for convoy and ground troop support and the US Marine Corps. Most recently, the Navy procured Puma AE systems for use aboard Patrol Craft and also deployed them aboard a US Navy Expeditionary Fast Transport (T-EPF) ship in support of counter illicit trafficking operations in the Caribbean. The Puma AE is also employed by several international partners.

The United States Department of Defense recently established the designation RQ-20B for the block 2 Puma AE small UAS.The block 2 Puma AE system includes a more powerful and lighter propulsion system, lighter and stronger airframe, long endurance battery, precision inertial navigation system and an improved user interface.The new, all environment Mantis i45 gimbal sensor suite for Puma AE delivers a dramatic leap in small UAS image resolution and ISR capability and will be available for ordering in September.

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, RQ-20A and B Puma™ and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units, fixed installations, naval vessels and security personnel.AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce.AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 international governments.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

US Navy Patrol Ship Tests New ‘Eye in the Sky’ in Arabian Gulf

August 05, 2016

The Navy says that the small unmanned aircraft system is easily assembled and can be utilized from numerous platforms throughout the U.S. 5th Fleet area of operation (AOO).

Weighing approximately 14 pounds, the small unmanned aerial vehicle (UAV) can provide more than three hours of flight time with a range of 15 kilometers and operating altitude of 500 feet. Equipped with an electro-optical and an infrared camera, the Puma can be manually operated or by GPS.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

National Forklift Safety Day is an important opportunity each year for companies to highlight the safe use of forklifts and support equipment, including batteries and chargers.
According to Compliance and Safety Statistics, more than 100,000 forklift accidents occur every year, costing businesses an estimated $135 million. In addition, one in six workplace deaths is caused by forklift accidents. Forklift accidents have a significant impact on employees’ and customers’ health and satisfaction, hence the importance of promoting National Forklift Safety Day throughout the year.

National Forklift Safety Day will be held this year on June 14, 2016, from 9 a.m. to 11 a.m. ET at the Hyatt Regency Hotel on Capitol Hill, 400 New Jersey Avenue, Washington, DC. This event will feature speakers from the Occupational Health and Safety Administration, the National Safety Council, key industry representatives and the chairman of the congressional OSHA Oversight Subcommittee.

Ken Karklin, general manager and vice president of the Efficient Energy Systems business segment at AeroVironment, said the company strongly promotes the importance of National Forklift Safety Day, emphasizing the value of all stakeholders committing to a greater focus on this important topic, not just on one day, but throughout the entire year. “Safety has always been a top priority for AeroVironment, with an added focus on forklift safety since we started developing fast chargers for electric forklifts more than 15 years ago.” he said. “Our goal remains improving environmental quality and safety by promoting and enabling the efficient use of zero emission electric forklifts. Our advanced monitoring and telematics technology, including Battery Rx™ and Connect Rx™, protect valuable assets and minimize the need to acquire or change batteries, thus reducing cross plant traffic and related accidents.”

AeroVironment’s Battery Rx is a fleet management solution designed to manage battery charging more efficiently than existing methods, enhancing productivity and reducing operational costs. By monitoring and sufficiently charging a single battery in the forklift, Battery Rx delivers cost savings and helps reduce a fleet’s carbon footprint and pollution by extending battery life and reducing the number of batteries consumed.

AeroVironment engineers developed Connect Rx, a standard feature on PosiCharge™ ProCore, to detect potential hazards before they materialize. Connect Rx is an advanced cable connector health monitoring technology that detects connector abnormalities during charging sessions. It immediately alerts users to possible charger and battery output issues that could potentially result in injuries to employees.

Karklin said AeroVironment’s design safety begins at the product concept stage and continues through manufacturing and training. “We leverage new technologies continuously to improve safety for all our new and existing products. We believe it’s important to join with the Industrial Truck Association and other manufacturers in continuing to enhance product safety and promote awareness about safety throughout the entire industry year-round,” he added.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Defense Secretary Likes What He Sees at Base Including AeroVironment Blackwing UAS

June 03, 2016

If Secretary of Defense Ashton B. Carter has his way, there will soon be a Base Realignment and Closure Commission process to reduce the Pentagon’s large overhead costs.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Popular Science: This Drone On A Leash Could Guard Army Bases

May 26, 2016

Tether Eye is a gently floating sentry, complete with its own little robot home.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

May 23, 2016

Tether Eye developed with funding from CTTSO

Tether Eye can be deployed from fixed locations or mobile platforms

Delivers 24-hour continuous ISR at heights up to 150 feet above launch point

TAMPA, FL., At Special Operations Forces Industry Conference, May 23, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a world leader in unmanned aircraft systems, today announced the United States Combatting Terrorism Technical Support Office (CTTSO) is evaluating the company’s new tethered unmanned aircraft system, named Tether Eye™, for intelligence, surveillance, reconnaissance (ISR) and security applications. The CTTSO funded the development program under a US government contract.

The AeroVironment Tether Eye unmanned aircraft system is designed to provide continuous, 24-hours-a-day surveillance at up to 150 feet above its launch point. Tether Eye deploys automatically from a small, weather-sealed, self-contained base station and ascends to a pre-determined hover altitude from where viewers of its video feed take advantage of its 360-degree field of view. The specially designed and ruggedized tether connecting Tether Eye to its base station provides continuous power, which, combined with AeroVironment’s track record of proven reliability, enables uninterrupted long-term operation.

“Having the ability to deploy a ‘virtual observation tower’ at a moment’s notice above buildings and vehicles represents a game-changing capability for ISR and security operations that has the potential to save lives,” said Amanda Toman, Program Manager at the CTTSO. “We look forward to continuing our evaluation of Tether Eye’s capabilities with AeroVironment as a possible deployable capability across government facilities.”

Current Tether Eye payloads include electro-optical (EO) and infrared (IR) cameras and AeroVironment’s encrypted Digital Data Link (DDL). The EO/IR camera provides both day and night imagery with full motion video transmitted directly to a Ground Control Station (GCS) that operates each platform within AeroVironment’s market-leading family of small UAS and Tactical Missile Systems. The Digital Data Link, integrated into each of AeroVironment’s platforms, provides secure communication with the unmanned aircraft system and communications relay with other platforms.

“Tether Eye effectively complements our family of small unmanned aircraft systems by providing a valuable new capability - continuous ISR and security for buildings or stationary vehicles in defense, security and commercial applications,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “We intend to continue developing Tether Eye through to production and include it as a standard component of our product portfolio. Close communication with our initial customers will guide and inform future enhancements and production releases, resulting in another effective AeroVironment solution that helps our customers succeed.”

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Electric-Car-Insider.com AeroViroment TurboCord Review

May 19, 2016

Given AeroVironment’s reputation for quality and reliability, problems are very unlikely.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Unmanned Aircraft Improve Agencies’ Operations

May 16, 2016

The small unmanned aviation systems unit for the Ventura County (Calif.) Sheriff’s Office recently used an unmanned aerial vehicle (UAV), or drone, to assist in the search and rescue of a missing hiker.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Full integration into the US Navy’s submarine fleet using existing, standard command-and-control systems and equipment

Washington, Navy League’s Sea-Air-Space Exposition, May 16, 2016 – AeroVironment, Inc. (NASDAQ: AVAV) today announced the United States Navy plans to deploy its “Blackwing™,” a small, tube-launched unmanned aircraft system that deploys from under the surface of the sea, on manned submarines and unmanned underwater vehicles.

Blackwing builds on AeroVironment’s extensive operational experience with small unmanned aircraft systems (UAS) and its Switchblade™ Lethal Miniature Aerial Missile System (LMAMS) to provide the Navy with a low cost, submarine launched unmanned aircraft system optimized for Anti-Access/Aerial Denial (A2/AD) environments. AeroVironment developed the Blackwing system as part of a 2013 Navy and United States Special Operations Command (USSOCOM) sponsored JCTD called Advanced Weapons Enhanced by Submarine UAS against Mobile targets (AWESUM). This JCTD was completed in September 2015 with a strong recommendation to transition the capability into the fleet. Blackwing employs an advanced, miniature electro-optical and infrared (EO/IR) payload, Selective Availability Anti-spoofing Module (SASSM) GPS and AeroVironment’s secure Digital Data Link (DDL), all packaged into a vehicle that launches from manned and unmanned submarines.

“AeroVironment’s new Blackwing unmanned aircraft system is a valuable new capability that resulted from our team’s close collaboration with, and responsiveness to, the U.S. Navy’s undersea warfare community and the Special Operations community,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “Delivering innovative solutions that enhance our customers’ capabilities benefits the US Navy and USSOCOM, and creates new business opportunities for us. In addition to operating from undersea vehicles, Blackwing can also be integrated with and deployed from a wide variety of surface vessels and mobile ground vehicles to provide rapid response reconnaissance capabilities that help our customers operate more safely and effectively.”

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

May 03, 2016

AeroVironment/SmartC2 solution meets requirements for a small unmanned aircraft system platform with beyond-visual line-of-sight (BVLOS) capabilities and UTM communications interface

AeroVironment/SmartC2 team will help NASA prove technologies that support the development and approval of FAA requirements for safe flight and respectful integration of small UAS into the National Airspace

NEW ORLEANS (XPONENTIAL 2016), MAY 3, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a world leader in small unmanned aircraft systems (UAS), today announced that the company – in partnership with SmartC2, a leading provider of flight business management systems – will team with NASA on its Unmanned Traffic Management (UTM) Technology Capability Levels (TCL) 2 flight demonstration slated for October 2016.

The demonstration will build on results from UTM TCL1 field testing concluded last August and ongoing operational demonstration and field testing of AeroVironment’s FAA certified Puma™ AE small unmanned aircraft system to focus on beyond-visual line-of-sight operations in sparsely populated areas. Researchers will test technologies that allow dynamic adjustments to availability of airspace and contingency management, such as onboard autopilot 3D geo-fencing, enhanced safety with back-up data link command and control, and ADS-B integration communicating via the SmartC2 VirtualAirBoss™ aviation business management system into NASA’s UTM research platform.

NASA is working with the FAA and others to develop concepts and requirements for a UTM type construct to safely manage diverse UAS operations in the airspace above buildings and below traditional aircraft operations in suburban and urban areas.

The AeroVironment Puma AE (All Environment) small unmanned aircraft system delivers situational awareness directly to its operator in ground, riverine, and maritime operations and is capable of collecting data for terrain modeling, vegetation analysis and infrastructure management. Launched by hand and capable of landing on the ground or in fresh or salt water, Puma empowers its operator with a high degree of portability, 3.5 hours of flight time and operational flexibility for real-world missions in routine and extreme environments. Puma AE remains the only small unmanned aircraft system with FAA restricted type certification for commercial operations over American soil.

VirtualAirBoss is a comprehensive, browser-based, service-oriented-architecture (SOA) solution to help UAS service groups manage their business operations from end to end. The easy-to-use software system provides one central place where operators can schedule, plan, manage and report on their entire fleet and business processes.

“We are eager to build on our strong commercial UAS information solution and work with NASA and SmartC2 in this pivotal research, development and testing project to transform the way low-altitude airspace is managed,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business segment. “Both companies bring powerfully relevant capabilities to deliver a critical enabler for emerging commercial UAS opportunities in the national airspace system.”

The AeroVironment/SmartC2 package supports NASA’s UTM TCL2 research platform for an integrated system capable of safely flying crossing trajectories that are separated by altitude in both line-of-sight and beyond-visual line-of-sight operations over sparsely populated areas with minimal structures on the ground. The VirtualAirBoss solution serves as the bridge between the Puma ground control station and the NASA UTM research server.

“The SmartC2 VirtualAirBoss will serve as the interface to the UTM research platform,” said Stuart Rudolph, SmartC2 chief executive officer. “The VirtualAirBoss open, SOA-based design incorporates a variety of current software tools, web services and methodologies that simplify communication with other systems, and can push and pull data with UTM Build 2 as appropriate.

“In other words, VirtualAirBoss will be used as the UTM ‘client’ for receiving data from the aircraft for pre-flight scheduling, in-flight positioning; and post-flight closeout. All of these data will be brokered through the VirtualAirBoss to the UTM TCL 2 research platform,” Rudolph said.

Puma’s asset and operational details will be captured organically in VirtualAirBoss, including all airframe identifying details, such as size, weight, style, model, registration, payload, speed parameters, endurance, control modes, launch/recovery methods, lost link capabilities and flight history. These asset and operational details, along with personnel qualifications, availability and certifications, will be available to authorized users of VirtualAirBoss, and are easily included in any required or requested reports.

During the UTM TCL2 demonstration, position reporting will be required of all UAS operations within the airspace and a public portal will inform general aviation, hobbyists and the public about relevant UAS commercial operations.

“AeroVironment and SmartC2 are eager to support NASA and the FAA with proven, reliable technologies that will speed the development of beyond-line-of-sight standards and requirements to enable the safe integration of UAS into U.S. national airspace. UAS operating beyond-line-of-sight will bring transformational capabilities to utilities, agriculture, oil and gas, railroads and other industries with large areas and long distances to monitor and manage,” Flittie said.

About AeroVironment
AeroVironment is a technology solutions provider that designs, develops, produces, supports and operates an advanced portfolio of Unmanned Aircraft Systems (UAS) and electric transportation solutions. The company’s electric-powered, hand-launched unmanned aircraft systems generate and process data to deliver powerful insight, on demand, to people and enterprises engaged in military, public safety and commercial activities around the world. More information about AeroVironment is available at www.avinc.com.

About SmartC2
SmartC2 is a woman-owned small business offering the VirtualAirBoss™ (VAB), an easy to use, browser-based solution to help aviation service groups manage their business operations from end to end. SmartC2’s VirtualAirBoss software provides one place where operators can schedule, manage and automatically report on their entire fleet and business processes – crews, customers, payloads, maintenance, COA details, analysis, and invoicing (or cost center allocations). Manufacturers use VirtualAirBoss for supply chain management, warranty and repair tracking. Commercial operations and their service providers use VAB to manage UAS.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

May 02, 2016

Designed for AeroVironment Puma™ AE small unmanned aircraft systems, Mantis i45 is available for both commercial and military applications

Mantis i45 features an advanced suite of sensors, including ultra-high-resolution EO and IR imagers, that takes the guesswork out of tactical ISR

Mantis i45 operators see better and farther than ever before, enabling them to make better decisions and perform missions with certainty

NEW ORLEANS (XPONENTIAL 2016), MAY 2, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a world leader in small unmanned aircraft systems (UAS), today unveiled its new Mantis i45 electro-optical/infrared (EO/IR) gimbal payload designed for AeroVironment Puma™ AE (All Environment) small unmanned aircraft systems – for both commercial and military applications. The company made the announcement at the Association for Unmanned Vehicle Systems International (AUVSI) XPONENTIAL 2016 conference and trade show taking place May 2-5 at the Ernest N. Morial Convention Center in New Orleans (Note to editors: see a demo of the Mantis i45 at AeroVironment’s booth #1525).

“The Mantis i45 represents a dramatic leap in small UAS image resolution and approaches capabilities inherent in platforms many times the size and cost of Puma AE,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business segment. “This enhanced capability enables commercial and military users to see more and farther, with greater detail, than ever before, make better decisions and perform their missions with greater certainty. The AeroVironment Mantis i45 represents a significant increase in performance for Puma AE intelligence, surveillance and reconnaissance (ISR) missions.”

In combat, the Mantis i45 empowers operators to identify targets more accurately and with greater detail while operating even farther away from the target. The higher resolution imagery also aids in target analysis, positive identification and better enables operators to identify threats to friendly forces.

With an advanced suite of sensors, including ultra-high-resolution EO and IR imagers, key features of the Mantis i45 include: dual-color cameras (wide and narrow views); improved IR imagery; new low-light camera; high-power illuminator; 50-times zoom in EO; optional on-board storage of high definition video and high-resolution stills; and a dedicated on-board image processor. The AeroVironment Mantis i45 also lends itself to a level of customization never before seen in a gimbal this size while still being compatible with portable Puma AE systems.

Among its many enhancements, the Mantis i45 offers a wide range of night-time solutions, from low-light near-infrared (NIR) to long wave infrared (LWIR) imagers. In addition, it is a backward-compatible, fully waterproof payload capable of operating under the same harsh environmental conditions as the AeroVironment Puma AE system – which is designed for both land-based and maritime operations.

Like previous Puma AE payloads, the Mantis i45 retracts into the fuselage for launch and recovery to protect the gimbal during the highest loading portions of its operation. During flight operations, it provides full lower-hemisphere coverage and continuous zoom.

The AeroVironment Mantis i45 is highly configurable and can cater to a diverse set of missions. The modular hardware is capable of supporting a wide variety of imagers, enabling rapid development of custom configurations to meet future needs.

“With its increased capability, we worked to ensure the high reliability that our customers expect from the i45,” Flittie said, “and this design meets more rigorous standards than any previous Puma AE payload.” The fully waterproof design protects against sand, dust, rain, salt fog, snow, mud and 100 percent relative humidity conditions, and reliably withstands the shock loads that result from the precision deep-stall landings employed by the Puma AE.

Size, weight and power (SWaP) also were critical design considerations. A payload shell similar to that of the standard Puma AE payload houses the Mantis i45 and installs in an identical manner onto the Puma AE platform. “Even with its valuable new capabilities, the i45 is no larger than its predecessor,” Flittie said.

No modifications to the Puma are needed to incorporate the i45. Additionally, power-conscious processors onboard the i45 optimize power consumption, resulting in minimal performance impact to the Puma aircraft while delivering dramatically improved capabilities.

The gimbal open system architecture offers maximum flexibility to facilitate easy future expansion. Its design also supports a wide variety of camera formats, so new camera technology can be integrated into the system with minimal development.

About AeroVironment Small UAS
RQ-11B Raven®, RQ-12 Wasp®, RQ-20A Puma™ and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 international governments.

The Puma AE small UAS comprises one component of AeroVironment’s advanced, turnkey data collection, processing and delivery solution employed to provide commercial customers with engineering-quality information, on demand, across multiple industries such as energy, agriculture, transportation and utilities.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

AeroVironment Completes Development and Begins Production of Switchblade Tactical Missile System Upgrade

April 28, 2016

Continues evolution of proven Switchblade system to address U.S. Army Lethal Miniature Aerial Missile System (LMAMS) capability

Available for fielding this Spring

ATLANTA, At Army Aviation Mission Solutions Summit, April 28, 2016 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it has developed a block upgrade, designated Block 10C, to its already fielded Switchblade™ Tactical Missile system. The Digital Data Link (DDL) incorporated into Block 10C provides a stable and secure encrypted communication link that enables more efficient use of existing frequency bands and significantly reduces the likelihood of signal interception. Frequency efficiency and secure communications are critical to warfighters in today’s complex operational environment.

The Block 10C upgrade also enables the concurrent operation of multiple Switchblade systems in the same vicinity without signal conflict, provides the opportunity to extend operational ranges significantly using another DDL arbiter, such as AeroVironment’s Puma AE™ unmanned aircraft system, and facilitates the automatic communication of mission plans from one AeroVironment unmanned aircraft system to a Switchblade, also known as sensor to shooter operations.

Bill Nichols of the U.S. Army PEO Missiles and Space Close Combat Weapons Systems (CCWS) Program office, which manages Switchblade, said “Switchblade Block 10C will increase the capabilities of the warfighter in the field through encrypted operation and improved Army-wide frequency de-confliction and management.”

“The new Switchblade Block 10C is the result of close collaboration between our U.S. Army customer and the AeroVironment team,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “Working with the Army and other users we continue to evolve and expand the capabilities of the Switchblade tactical missile system to provide troops with the most reliable and effective force protection solution possible. We are already working on future upgrades to this important capability to give our forces an even greater advantage on the battlefield.”

AeroVironment and its strategic teammate for advanced warheads, Orbital ATK (NYSE: OA), will work together to produce and deliver the systems.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment Announces Leadership Transition Plan

April 04, 2016

Wahid Nawabi to Become Chief Executive Officer, Effective May 2, 2016

Tim Conver Announces Retirement as CEO, Effective May 1; Will Continue to Serve as Chairman of the Board of Directors

SIMI VALLEY, Calif. - AeroVironment, Inc. (NASDAQ: AVAV) today announced that its Board of Directors has appointed Wahid Nawabi, currently president and chief operating officer, as chief executive officer and a member of the Board of Directors, effective May 2, 2016. Mr. Nawabi succeeds Tim Conver, who will retire as CEO effective May 1, 2016, and remain chairman of the Board.

"The AeroVironment Board, with my full support, has selected an outstanding and proven leader at a time when our management team is strong and our opportunities are great. This is the right time for Wahid Nawabi to transition to CEO of AeroVironment," said Mr. Conver. "Throughout his tenure at AeroVironment, Wahid has demonstrated exceptional leadership in complex and broad management roles while executing our strategy and generating value for our customers. Over the past five years, Wahid has been integral in supporting and building on our culture of innovation. He is uniquely capable and positioned to lead the next phase of AeroVironment's growth for the benefit of our customers, employees and stockholders. I look forward to working with Wahid and my fellow directors to continue supporting AeroVironment as chairman, with a focus on increasing long term stockholder value."

"Tim recognized the unique potential of our people and culture more than 25 years ago and transformed AeroVironment into a pioneering business and market leader, delivering valuable new categories of capability to customers in multiple industries," said Mr. Nawabi. "Today, AeroVironment operates a strong core business while advancing a portfolio of growth opportunities, including unmanned aircraft systems, Tactical Missile Systems, commercial UAS and electric vehicle charging. I am grateful for Tim and the Board's confidence in me, and honored to assume the leadership of our tremendous team in pursuit of continued growth and value creation."

Mr. Conver became AeroVironment's president in 1990 and has served as its CEO since 1992. During that period AeroVironment grew from a private company with annual revenue of $10 million to a public company with annual revenue last fiscal year of $259 million and a current market capitalization of more than $650 million.

"The Board maintains an ongoing, deliberate process for managing executive succession. This announcement is the result of that process, and began when Tim first approached the Board to discuss planning for his succession several years ago," said Arnie Fishman, lead independent director. "When the Board appointed Wahid to the COO role nearly one year ago and to the role of president this past January, we were confident he was the right leader for AeroVironment. Wahid has demonstrated the skills and characteristics we knew were required to continue to lead the company with the success that Tim has delivered over the last 25 years and we are excited to welcome him to the new role."

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Drones Break the Ice on Antarctic Deep-Freeze Mission [Video]

March 23, 2016

A U.S. Coast Guard cutter for the first time used unmanned aircraft to help it navigate the frozen continent’s icy inlet during a crucial summertime mission.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment Focuses on Maritime UAS Ops

February 15, 2016

A recent example of maritime UAS operations was a National Ocean and Atmospheric Administration (NOAA) Center of Excellence for Unmanned Technologies test mission. A team from the California State University Channel Islands was invited to see how the Puma AE works during a test mission on the research vessel R/V Shearwater, sailing from Santa Barbara Harbor in central California to the Santa Barbara Channel.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

QualityLogic Program and Test Tools Used by UL to Test AeroVironment and Kitu Systems Products for Conformance

February 10, 2016

AeroVironment has implemented the IEEE 2030.5 standard in its model EVSE-RS EV charging station, one of the most widely deployed home EV chargers in North America. “The IEEE 2030.5 standard is accepted and increasingly used as a communications protocol for many types of devices, including solar smart inverters,” said Alec Brooks, Chief Technology Officer for AeroVironment’s Efficient Energy Systems business segment. “The marketplace is moving towards open standards with independent validation, and IEEE 2030.5 represents a compelling solution. The results of the UL and QualityLogic testing will increase the adoption rate for this standard and will help AeroVironment meet key criteria for deployment of new grid-tied technologies, such as electric vehicles, which we are actively supporting. It also ensures secure and reliable communications for our customers.”

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Easy to use, easy to install, easy to configure and provides exceptional flexibility with customizable power levels and charge algorithms

93% peak power efficiency and low overcharge factor makes ProCore the most efficient electric forklift charger available with the lowest monthly utility costs

SIMI VALLEY, Calif., Feb. 9, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a leading supplier of industrial fast and opportunity charge systems in North America, today introduced the PosiCharge™ ProCore™ Series - a premium intelligent charging family that supports and charges any material handling battery. Ranging in power from 5kW for lower-duty vehicles to 30kW for the hardest-working electric forklifts, the new PosiCharge ProCore Series is the ideal charging solution for electric forklift fleets of all sizes.

The latest addition to AeroVironment's proven family of PosiCharge fast and opportunity charge systems, the ProCore Series includes an extensive array of features that makes it easy to use, flexible, customizable and cost-effective.

“AeroVironment PosiCharge systems established the industrial fast charge market more than 15 years ago. Since that time we have been reducing operating costs and increasing productivity in high-velocity operations for Fortune and Global 500 factories, distribution centers and warehouses throughout North America and increasingly across the globe,” noted Ken Karklin, general manager of AeroVironment’s Efficient Energy Systems business segment. “Electric forklifts are playing an increasingly important role in the global supply chain, and we remain committed to supporting our customers’ material handling operations with the most capable, reliable and effective charging solutions through our new premium ProCore Series of chargers.”

A lightweight, powerful, highly efficient charger that consumes minimal floor space, ProCore requires no specific training to mount, install and update. Its colorful, digital display and mobile app set a new standard for ease of use by enabling fleet managers or forklift operators to configure ProCore chargers on the go. Setting up, programming and troubleshooting ProCore chargers is now quick and easy with an iOS or Android smart phone.

Operational flexibility reduces costs and improves efficiency, and ProCore’s modular powerstage offers unprecedented flexibility to accommodate any forklift fleet - from the smallest to the largest operations. This modular design makes ProCore easy to maintain, upgrade and repurpose, and its robust, single port architecture makes it highly customizable. Additionally, PosiCharge standard multivoltage capabilities allow different forklifts with different batteries to charge on the same ProCore charger, independent of type, brand, voltage or size.

AeroVironment's entire line-up of PosiCharge systems is designed to deliver a measurable, positive impact on the environment by reducing the total number of batteries required to operate a fleet, and by improving the efficiency and performance of the battery itself. The new ProCore Series enhances these features by prolonging battery life and reducing downtime. ProCore protects battery investments by enabling the battery and charger to “speak” to each other, and is programmable for peak demand management. Its patent pending, built-in ConnectRx connector health monitoring technology promotes industry leading operational safety by detecting abnormalities during charging and alerting users to possible problems while shutting down the charge session to protect valuable equipment and personnel.

ProCore will be available in March 2016. AeroVironment will display the ProCore line at the Modex Show, April 4-7, 2016 at the Georgia World Congress Center in Atlanta at booth number 1463.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

February 02, 2016

First time an unmanned aircraft system has been used to assist Coast Guard in navigating Ross Sea - avoids putting crew and costly helicopters at risk

SIMI VALLEY, Calif., Feb. 2, 2016 – In a development that takes the life-saving capabilities of small unmanned aircraft systems (UAS) to one of the most remote and unforgiving regions on earth, AeroVironment, Inc. (NASDAQ: AVAV) today announced it and a team from the National Oceanic and Atmospheric Administration (NOAA) have been contracted to provide the U.S. Coast Guard ice breaker Polar Star with a RQ-20A Puma™ AE unmanned aircraft system and a flight crew for the annual joint “Operation Deep Freeze,” the military component of the larger, civilian-managed U.S. Antarctic Program to re-supply the National Science Foundation’s McMurdo Station. The Operation Deep Freeze joint team departed Hobart, Tasmania, Australia, on December 30, 2015 and reached McMurdo Station on January 18, 2016.

“Operation Deep Freeze is one of the U.S. military’s most complex peacetime missions due to the harsh Antarctic environment,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment.

“AeroVironment’s Puma AE is delivering vital advanced scouting intelligence to help the Coast Guard’s Polar Star conduct ice-breaking operations in the treacherous waters of the Ross Sea more safely and efficiently without putting pilots and costly helicopters at risk.” Flittie added that updates, video and photography during the mission will be posted on AeroVironment’s Facebook page as connectivity permits.

Puma is lightweight, easy to pack and deploy, and can operate off any ship without modifying the vessel. During Operation Deep Freeze, AeroVironment personnel are employing its new Autonomous Recovery System to capture Puma in a portable net on its return to the ship. Puma also can be recovered from the sea as a result of its waterproof design.

The Puma AE weighs 13.5 pounds, operates for more than 210 minutes, typically at a range of up to 15 kilometers, and delivers live, streaming color and infrared video as well as laser illumination from its pan-tilt-zoom Mantis i25 AE gimbaled payload. Launched by hand and capable of landing on the ground or in fresh or salt water, the Puma AE provides portability and flexibility for infantry, commercial, littoral or maritime operations.

AeroVironment’s small UAS, including Raven, Wasp, Puma and Shrike VTOL, are uniquely professional grade, proven with more than one million operating hours and used extensively for real-world operations in some of the harshest environments around the globe. They provide high-quality ISR, geospatial and multispectral information and 3-D engineering data for a multitude of missions in many fields, including precision agriculture, energy, transportation and utility.

“AeroVironment’s proven small UAS deliver critical information that allows people to make better decisions, even in the harshest conditions – enabling them to move forward with confidence,” Flittie said. “Moreover, Puma AE offers significant cost-saving advantages compared to available alternatives.”

Operation Deep Freeze is a U.S. military operation in support of the United States Antarctic Program, which is managed by the National Science Foundation.

AeroVironment received the contract from ADS, Inc. on behalf of the Coast Guard and is collaborating with NOAA to provide the requested services.

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About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, RQ-20A Puma™ and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 international governments.

The Puma AE small UAS comprises one component of AeroVironment’s advanced, turnkey data collection, processing and delivery solution employed to provide commercial customers with engineering-quality information, on demand, across multiple industries such as energy, agriculture, transportation and utilities.

About ADS, Inc.

ADS, Inc. is a leading solutions provider proudly serving all branches of the U.S. military, federal, state and local government organizations, law enforcement agencies, first responders, partner nations and the defense industry. ADS is focused on solving customer’s challenges through the largest product and service selection, the broadest array of procurement and contract options, world-class support and logistics solutions and legendary customer service. To learn more, visit the ADS website at http://adsinc.com - Our Purpose. Your Mission.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

How Drones Could Advance Polar Science and Navigation (Once They Work Out the Kinks)

February 02, 2016

The National Oceanic and Atmospheric Administration has attached a delegation to this year’s Deep Freeze. The Coast Guard, just like any American in any public park these days, is fascinated by all the drones flying around, and wondered: How the hell can we make these things useful?

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Deep Freeze 2016: Another year, another journey

February 02, 2016

This blog is the first in a series of posts following the crew of Coast Guard Cutter Polar Star as they journey to Antarctica for Operation Deep Freeze 2016. Follow their journey.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Drones Take Flight for Duke Energy

January 26, 2016

Duke Energy examines the use of small unmanned aerial systems with advanced camera payloads. In the electric utility business, safety is at the core of everything a utility does. Utility personnel ask these questions every day: How safe are we? What can we do to perform any task more safely? From the safety standpoint, the use of sUAS has numerous advantages over traditional methods.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Only suppliers with a production commitment from an automotive original equipment manufacturer (OEM) qualify for PACE Award consideration. Volvo selected AeroVironment’s TurboCord Dual earlier this year to be included as standard equipment in the 2016 Volvo XC90 T8 Twin Engine plug-in hybrid.

Volvo’s selection of AeroVironment’s TurboCord Dual was based on its ability to deliver unmatched charging versatility – as well as its powerful and light, yet durable nature. The smallest and first UL-listed, dual voltage Level 1 and Level 2 (120V / 240V) charging cordset on the market, the innovative TurboCord Dual is an elegant fit with the luxurious Volvo XC90 T8 Twin Engine, which is powered by a both a supercharged and turbocharged Drive-E engine and a rear axle electric motor. The Volvo XC90 T8 Twin Engine is the first plug-in hybrid to offer a UL listed 240-volt Level 2 charging as part of its standard package. With TurboCord inside, Volvo drivers can conveniently and easily maximize their electric driving range. At 240-volt Level 2 charging, TurboCord Dual can fully charge the Volvo XC90 in as little as 2.5 hours versus seven hours with a normal Level 1 cordset that comes with other EVs.

“More plug-in drivers are choosing TurboCord Dual for its convenience and versatility, and with its selection by Volvo and nomination for the PACE Award there is even more evidence that TurboCord Dual is making an impact,” said Ken Karklin, general manager, efficient energy systems for AeroVironment. “TurboCord Dual is a remarkably flexible and powerful portable charging solution, and is setting a new standard for fast, dependable EV charging that is both convenient and easy for drivers.”

The Automotive News PACE awards program, now in its 22nd year, honors suppliers' innovations in products, information technology, manufacturing processes and capital equipment. Recognized around the world as a benchmark for innovation, the awards are regarded as the Oscars of the automotive components industry, and are awarded to technologies that offer superior innovation, technological achievement and business performance among automotive suppliers.

Award winners will be announced April 11 at the Max M. & Marjorie S. Fisher Music Center in Detroit, kicking off SAE World Congress week.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

November 25, 2015

SIMI VALLEY, Calif., Nov. 25, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) announced it received a firm fixed-price order valued at $13,015,396 for RQ-20A Puma™ AE small unmanned aircraft systems (UAS) and initial spares packages for the United States Marine Corps on October 27, 2015.

The Marine Corps employs the Puma AE system as the long-range solution for its small unit remote scouting system (SURSS), complementing the AeroVironment RQ-11B Raven® and RQ-12A Wasp® AE UAS.

“The Puma AE unmanned aircraft system delivers situational awareness directly to its operator in ground, riverine and maritime operations,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “Working with the professionals at ADS, we continue to support the Marine Corps with reliable, easy-to-use UAS solutions that help give them information superiority on the battlefield.”

AeroVironment received the order from ADS, Inc. on behalf of the U.S. Marine Corps through the Defense Logistics Agency (DLA) Tailored Logistics Support (TLS) program. Delivery is scheduled within 12 months.

The Puma AE weighs 13.5 pounds, operates for more than 210 minutes at a range of up to 15 kilometers and delivers live, streaming color and infrared video as well as laser illumination from its pan-tilt-zoom Mantis i23 AE gimbaled payload. Launched by hand and capable of landing on the ground or in fresh or salt water, the Puma AE provides portability and flexibility for infantry, littoral or maritime reconnaissance operations.

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, RQ-20A Puma™ and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 international governments.

The Puma AE small UAS comprises one component of AeroVironment’s advanced, turnkey data collection, processing and delivery solution employed to provide commercial customers with engineering-quality information, on demand, across multiple industries such as energy, agriculture, transportation and utilities.

# # #

About ADS, Inc.

ADS, Inc. is a leading solutions provider proudly serving all branches of the U.S. military, federal, state and local government organizations, law enforcement agencies, first responders, partner nations and the defense industry. ADS is focused on solving customer’s challenges through the largest product and service selection, the broadest array of procurement and contract options, world-class support and logistics solutions and legendary customer service. To learn more, visit the ADS website at http://adsinc.com - Our Purpose. Your Mission.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

November 24, 2015

Hyundai becomes the seventh major auto manufacturer to choose AeroVironment as its preferred dealer charging station provider

Hyundai drivers have the option to purchase AeroVironment’s portable TurboCord charging system or its wall-mounted EVSE-RS charging station

SIMI VALLEY, Calif., Nov. 24, 2015 – Hyundai Motor America has selected AeroVironment, Inc. (NASDAQ:AVAV) as the preferred provider for charging system installation at its dealerships across North America for its all-new 2016 Hyundai Sonata Plug-in Hybrid. Hyundai is the seventh plug-in electric vehicle (EV) auto manufacturer to choose AeroVironment as one of its suppliers.

The 2016 Sonata Plug-in Hybrid comes with a high-capacity lithium-polymer hybrid battery system that delivers an all-electric range of 27 miles before switching to hybrid mode. The Sonata Plug-in Hybrid also comes with a lifetime hybrid battery warranty.

The AeroVironment 240-volt TurboCord and the EVSE-RS charging station can charge the Sonata Plug-in Hybrid in less than three hours versus the approximate nine hours needed using a standard 120-volt charging cable. AeroVironment’s UL-listed products can be installed indoors or outdoors, making it easy to locate the station in the most convenient location.

”Having your own charging station right in your garage or driveway gives Hybrid and EV drivers a special kind of freedom. It makes charging a car as easy as charging a cell phone,” said Ken Karklin, AeroVironment senior vice president and general manager of its Efficient Energy Systems business segment. “AeroVironment’s portfolio of EV charging solutions gives the Hyundai Sonata Plug-in Hybrid and other EVs the benefits and convenience of faster charging and cleaner driving at home and on the road.”

Hyundai owners can purchase AeroVironment home chargers and installation when purchasing their vehicles at the Hyundai dealership. AeroVironment-certified, licensed electricians, who are also specially qualified to support EV drivers, perform on-site installation and services.

AeroVironment is the preferred integrated home charging solution supplier for seven global automakers and their growing fleets of plug-in electric vehicles. The company’s broad line of charging systems includes the 240-volt TurboCord and the EVSE-RS home charging station, which can be ordered online. More information on AeroVironment’s EV charging solutions can be found at www.evsolutions.com.

About Hyundai Motor America

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 830 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle limited warranty, Hyundai’s 10-year/100,000-mile powertrain limited warranty, and five years of complimentary Roadside Assistance. Hyundai Blue Link Connected Care provides owners of Hyundai models equipped with the Blue Link telematics system with proactive safety and car care services complimentary for one year with enrollment. These services include Automatic Collision Notification, Enhanced Roadside Assistance, Vehicle Diagnostic Alert, Monthly Vehicle Health Report and in-vehicle service scheduling.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Unmanned Aircraft Aids in Monk Seal Research

October 15, 2015

The UAS flew missions at multiple monk seal breeding populations within Hawaii’s Papahānaumokuākea Marine National Monument. NOAA will use the data to examine seal population trends and threats through census counts and by identifying individual seals by observing scars and applying hair dye and flipper tags, which can be seen from the UAS.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Seven Allied Nations to Acquire AeroVironment Raven Unmanned Aircraft Systems in $18.5 Million U.S. Army Foreign Military Sales Awards

October 13, 2015

AeroVironment is recognized worldwide as the go-to source for small unmanned aircraft solutions that help people and enterprises operate more safely and effectively

Raven remains the most widely used unmanned aircraft system

WASHINGTON, D.C., at AUSA, Oct. 13, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it has been awarded a firm-fixed-price contract from the United States Army totaling $18,485,495 to supply initial RQ-11B Raven® unmanned aircraft systems (UAS), spare parts and contractor logistics services to seven allied nations through the Foreign Military Sales (FMS) program.

The AeroVironment Raven is the most widely used unmanned aircraft system in the world today. It is designed for rapid deployment and high mobility for applications requiring low-altitude intelligence, surveillance and reconnaissance. With a wingspan of 4.5 feet and weighing 4.2 pounds, the hand-launched Raven provides aerial observation, day or night, at line-of-sight ranges up to approximately 6.2 miles (10 kilometers).

“Allied forces around the globe are increasingly relying on AeroVironment as the go-to source for small UAS that deliver powerful insight, on demand for valuable, real-time situational awareness – whenever and wherever needed,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “Our systems help military personnel and enterprises operate more safely and effectively in some of the most challenging conditions and places on earth.”

# # #

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®AE, RQ-20A Puma™AE and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to the United States and allied customers.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

October 05, 2015

The NOAA Center of Excellence for Unmanned Technologies invited our team to come observe a test mission using the AeroVironment Puma UAV aboard the research vessel the R/V Shearwater.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Drone Exercise Tests Coast Guard’s Arctic Rescue Capabilities

August 26, 2015

Somewhere among ridges of sea ice, more than 20 miles from shore in the Arctic waters off Alaska’s northern coast, an orange six-person raft is floating. But instead of a person, the small vessel’s passenger is a thermal dummy, designed to emit a human heat signature.

In the gray sky 500 feet above, an unmanned aircraft flies a search pattern, scanning the Beaufort Sea for signs of the simulated sinking survivor. Operators of the Puma drone, working from an installation at Oliktok Point and also aboard the U.S. Coast Guard Cutter Healy, monitor live feeds from the aircraft’s camera and from its infrared sensors.

The rescuers-in-training look for signs of the lifeboat they know is out there.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

August 24, 2015

Raven and Puma continue to support soldiers with critical situational awareness anywhere, anytime

Sustainment of Raven and Puma fleets ensures operational readiness

MONROVIA, Calif., Aug. 24, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) today announced receipt since May 1, 2015 of ten orders from the United States Army totaling $47.1 million for RQ-11B Raven® and RQ-20A Puma™AE unmanned aircraft systems (UAS) sustainment. This total value includes seven orders awarded on July 23 totaling $35,196,388.

The AeroVironment Raven, the most widely used UAS in the world today, is a lightweight solution designed for rapid deployment and high mobility for military applications requiring low-altitude surveillance and reconnaissance intelligence. The AeroVironment Puma AE is a small UAS designed for land-based and maritime operations. Capable of landing in salt water or on the ground, the Puma AE empowers the operator with a level of operational flexibility never before available in the small UAS class.

“Sustaining the Army’s large fleet of Raven and Puma AE systems ensures that soldiers continue to have the most effective, reliable and adaptable small UAS available to support them wherever and whenever required,” said Kirk Flittie, vice president and general manager of AeroVironment’s UAS business segment. “These contracts assure that American soldiers can continue to rely on our combat-proven solutions to deliver powerful insight, on-demand, that helps them operate more safely and effectively.”

# # #

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®AE, RQ-20A Puma™AE and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 allied governments.

The Puma AE small UAS comprises one component of AeroVironment’s advanced, turnkey data collection, processing and delivery solution employed to provide commercial customers with engineering-quality information, on-demand, across multiple industries such as oil & gas, agriculture, mining and others. The Qube® small UAS is tailored to law enforcement, first response and other public safety missions. Small enough to fit easily in the trunk of a car, the Qube system can be unpacked, assembled and ready for flight in less than five minutes, giving the operator a rapidly deployable eye in the sky at a fraction of the cost of manned aircraft and large unmanned aircraft.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

United States Army Awards $3.4 Million Contract for AeroVironment RQ-11B Raven Systems to Supply the Spanish Ministry of Defense

August 20, 2015

United States Army Awards $3.4 Million Contract for AeroVironment RQ-11B Raven Systems to Supply the Spanish Ministry of Defense

AeroVironment’s small unmanned aircraft systems support U.S. military and more than 30 allied nations with powerful insight, on-demand

AeroVironment has delivered more than 25,000 new and replacement small unmanned aircraft worldwide

MONROVIA, Calif., August 20, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it has received a contract from the United States Army totaling $3.4 million for RQ-11B Raven® unmanned aircraft systems (UAS) to supply the Spanish Ministry of Defense via the Foreign Military Sales (FMS) program.

Raven is the most widely used UAS in the world today. It is designed for rapid deployment and high mobility for military applications requiring low-altitude intelligence, surveillance and reconnaissance. With a wingspan of 4.5 feet and weighing 4.2 pounds, the hand-launched Raven provides aerial observation, day or night, at line-of-sight ranges up to approximately 6.2 miles (10 kilometers).

“As the global leader in the design and manufacture of small unmanned aircraft systems, AeroVironment continues to set the standard for delivering increasingly valuable capabilities in some of the most challenging conditions and places in the world,” said Kirk Flittie, AeroVironment vice president and general manager of the company’s Unmanned Aircraft Systems business segment. “All U.S. armed services and more than thirty global allied forces rely on our unmanned aircraft systems to gain rapid intelligence, surveillance and reconnaissance for information superiority in today’s hot zones.”

To date, AeroVironment has delivered more than 25,000 new and replacement small unmanned aerial vehicles to customers worldwide.

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®AE, RQ-20A Puma™AE and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 international governments.

The Puma AE small UAS comprises one component of AeroVironment’s advanced, turnkey data collection, processing and delivery solution employed to provide commercial customers with engineering-quality information, on-demand, across multiple industries such as oil & gas, agriculture, mining and others. The Qube® small UAS is tailored to law enforcement, first response and other public safety missions. Small enough to fit easily in the trunk of a car, the Qube system can be unpacked, assembled and ready for flight in less than five minutes, giving the operator a rapidly deployable eye in the sky at a fraction of the cost of manned aircraft and large unmanned aircraft.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Drones Are Taking Flight For Duke Energy

August 19, 2015

HIGHLIGHTS:

Drones could help detect damaged power lines

FAA issued Duke an exemption in June to use the devices

Utility says response time in storms could improve

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

August 11, 2015

Besides military applications, these same skills Soldiers are learning today in Louisiana can later be used back home in Iowa as part of emergency response efforts. These same UAVs can also be used to provide real-time images to first responders during tornadoes, floods, or other natural disasters.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

MONROVIA, Calif., Aug. 6, 2015 – AeroVironment, Inc. (NASDAQ:AVAV) today announced that Catharine Merigold has been appointed to its board of directors, effective July 31, 2015. Merigold brings to AeroVironment more than 20 years of venture capital and finance management experience and has spent her career helping turn new technologies into high-growth businesses, including as founder and current managing partner of Vista Ventures, an early state venture capital firm. Merigold will serve on the board’s Audit Committee.

“Catharine’s experience investing in and advising fast-paced technology businesses will provide a valuable perspective to AeroVironment as we continue to advance our growth portfolio in potentially large, emerging markets with significant opportunities,” said Tim Conver, AeroVironment’s chairman and chief executive officer. “Our opportunity set continues to expand and we look forward to benefitting from Catharine’s experience as we position AeroVironment for future success and shareholder value creation.”

The company also announced today that Joseph Alibrandi has retired as a Director of AeroVironment, effective July 31, 2015.

Conver added, “The board of directors and management team have valued Joe Alibrandi’s judgment, insights, and extensive contribution to AeroVironment as a director. The board extends its deepest thanks and appreciation to Mr. Alibrandi for his long service and dedication to the Company and its stockholders.”

About Catharine Merigold

Merigold founded and serves as the managing partner of Vista Ventures, a venture capital firm specializing in investing in software, digital media and network sectors. Prior to founding Vista Ventures in 2000, Merigold served as the president and chief executive officer of University Technology Corporation, a company that managed all technology transfer and associated equity holdings for the University of Colorado system, from 1999 to 2000, and as Vice President of Marketing and Sales for US West. Previously, Merigold served as the founding chief executive officer of Centennial Security, Inc., a security services company. She also served as a Vice President of Centennial Ventures, a venture capital firm, from 1992 to 1994. Merigold began her career at Hewlett&dash;Packard Company, serving in a variety of technical, marketing and sales management roles, including several years spent in Europe. Merigold served on a number of corporate boards and currently serves as a board observer for Market Force Information, Inc., a provider of customer intelligence solutions to large consumer companies, and as a board member of P2Binvestor, Inc., a crowdlending platform providing asset based lines of credit to businesses, the Colorado Technology Association and University License Equity Holdings Inc. (ULEHI), which manages all the equity holdings associated with technology transfer for the University of Colorado. Merigold earned a Bachelor of Science in electrical engineering from Washington University in St. Louis and a Master of Business Administration from Stanford University.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment Appoints Raymond Cook as Chief Financial Officer

July 07, 2015

AeroVironment Appoints Raymond Cook as Chief Financial Officer

MONROVIA, Calif., July 7, 2015 – AeroVironment, Inc. (NASDAQ:AVAV) today announced the appointment of Raymond Cook as senior vice president and chief financial officer, effective immediately. Cook succeeds Teresa Covington, who has served as interim chief financial officer since February 5, 2015. Teresa will remain Vice President, Finance. The company’s announcement follows an extensive search conducted by the Board of Directors, with the assistance of a leading global executive search firm, to identify a new chief financial officer.

Conver continued, “On behalf of everyone at AeroVironment, I want to thank Teresa for assuming the additional responsibilities over the past five months and look forward to benefiting from her expertise through her continued service at AeroVironment.”

“I am very proud to be affiliated with a company as highly accomplished, forward-thinking and respected as AeroVironment,” said Cook. “It’s an honor to be part of a company that is committed to excellence and customer service.”

About Raymond Cook

Prior to joining AeroVironment, Cook was senior vice president and chief financial officer at Silicon Image, Inc., a provider of video, audio and data connectivity solutions for mobile, consumer electronics and enterprise markets, in Sunnyvale, Calif. In his role at Silicon Image, Cook served as a financial, business and strategic adviser to senior management and the board of directors, and oversaw all areas of financial planning and analysis, including annual operation planning, accounting, consolidations, SEC reporting, investor relations, corporate business development and strategy, treasury, and stock administration for the multi-national company. Cook previously served as executive vice president and chief financial officer of STEC, Inc., a leading global manufacturer of enterprise-class solid-state data storage solutions, and as vice president, finance and corporate controller of Mindspeed Technologies, Inc., a developer of semiconductor solutions for communication applications in wireless networks.

Cook earned his Master’s in Business Administration in Finance and Bachelor of Science in Accounting degrees from Loyola Marymount University in Los Angeles, Calif.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

PARIS, At Paris Air Show, June 17, 2015 -- AeroVironment, Inc. (NASDAQ: AVAV) today announced that the Australian Defence Force (ADF) this month received and began training exercises with the company’s RQ-12 Wasp® AE small unmanned aircraft system.

ADF placed an AUD $7.7 million order on Dec. 22, 2014 as part of an Army Soldier Modernization Trial procurement. AeroVironment received the order from XTEK Limited on behalf of the ADF.

“The man packable Wasp AE unmanned aircraft system delivers powerful intelligence, surveillance, and reconnaissance on demand and directly to small tactical units or an individual warfighter,” said Kirk Flittie, AeroVironment vice president and general manager of the company’s Unmanned Aircraft Systems business segment.

Flittie added, “Increasingly, allied forces around the world are deploying our small unmanned aircraft systems for valuable, real-time situational awareness to help them operate more safely and effectively.” AeroVironment has delivered more than 25,000 new and replacement small unmanned aerial vehicles to customers within the United States and to more than 30 international governments.

The Wasp AE weighs 2.8 pounds, operates for up to 50 minutes at a range of up to five kilometers and delivers live, streaming color and infrared video from its pan-tilt-zoom Mantis i22 AE gimbaled payload. Launched by hand and capable of landing on the ground or in fresh or salt water, the Wasp AE provides portability and flexibility for infantry, littoral or maritime reconnaissance operations.

AeroVironment Small UAS
RQ-11B Raven®, RQ-12 Wasp®, RQ-20A Puma™ and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 international governments.

The Puma AE small UAS comprises one component of AeroVironment’s advanced, turnkey data collection, processing and delivery solution employed to provide commercial customers with engineering-quality information, on-demand, across multiple industries such as oil & gas, agriculture, mining and others. The Qube® small UAS is tailored to law enforcement, first response and other public safety missions. Small enough to fit easily in the trunk of a car, the Qube system can be unpacked, assembled and ready for flight in less than five minutes, giving the operator a rapidly deployable eye in the sky at a fraction of the cost of manned aircraft and large unmanned aircraft.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

June 16, 2015

Access and pay for AeroVironment’s DC fast chargers and Level 2 charging stations in Oregon and Washington from the PlugShare mobile app

Fast charging for $7.50 per session, Level 2 charging for $4.00 per session; unlimited charging available directly from AeroVironment

The PlugShare mobile app is available on Apple App Store and Google Play

MONROVIA, Calif., June 16, 2015 – AeroVironment, Inc. (NASDAQ:AVAV) and Recargo, developer of PlugShare, the most extensive map of electric vehicle charging stations, today introduced a new easy payment option for EV drivers charging on the West Coast Electric Highway fast charging network in Oregon and Washington.
EV drivers can now access and pay for AeroVironment’s DC fast chargers and Level 2 charging stations through Recargo’s PlugShare mobile app on a pay per charge basis. There is no additional cost for this service.

“AeroVironment and PlugShare together are helping EV drivers charge easier and drive farther with this mobile pay per charge access to our network,” said Ken Karklin, AeroVironment vice president and general manager of its Efficient Energy Systems business segment. “AeroVironment is committed to enhancing the charging experience for our customers and PlugShare’s in-app feature, Pay with PlugShare, will deliver smartphone access control of our charging stations to their fingertips.”

Drivers still have the option to call AeroVironment’s customer service center to pay for and activate the stations. Pay per use charge rates are $4.00 for charging on Level 2 stations and $7.50 for DC fast chargers.

“This new mobile service makes it even easier and more convenient to access the West Coast Electric Highway,” said Tonia Buell, Interim Director of Public-Private Partnerships for the Washington State Department of Transportation. “Thousands of electric vehicle drivers in the Pacific Northwest will benefit from the added payment option and EV-friendly services. The app makes it fast for drivers to tap, charge and hit the open road.”

Customers can still sign up for a value-priced subscription program that provides EV drivers the freedom of unlimited charging along the West Coast Electric Highway for a flat rate of $19.99 per month. The AeroVironment EV Net™ subscription service includes 24/7 customer support and online services that allow drivers to manage their account and track charger usage and energy consumption.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Aviation Week Honors Top Performers

June 16, 2015

The winners of Aviation Week's Top-Performing Companies study were recognized Tuesday at Aviation Week Network’s Paris Air Show chalet.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

California’s Commercial Drone Industry Is Taking Off

June 14, 2015

"We think the commercial market has a chance to be much larger," said Steven Gitlin, a spokesman for AeroVironment Inc., the largest supplier of small drones to the military.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Unmanned Aircraft Systems Enable Tactical ISR

May 28, 2015

The U.S. Department of Defense's fleet of unmanned aircraft systems enables tactical intelligence, surveillance, and reconnaissance (ISR) - without endangering military personnel and at a lower cost than manned aircraft.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

“Volvo Cars has made a strong, customer-focused statement about the direction EV charging is taking,” said Ken Karklin, vice president and general manager of AeroVironment’s Efficient Energy Systems business segment. “Importantly, TurboCord delivers the power, portability and convenience that potential EV buyers have been waiting for.”

This marks the first time a plug-in hybrid manufacturer is including a Level 2 capable, 240V charger as part of its “standard equipment package,” providing owners of the all-new Volvo XC90 with the latest in EV charging technology from AeroVironment that is fast, convenient, easy to use and dependable.

“TurboCord is the latest in EV charging innovations,” added Karklin. “In addition to being the smallest and only UL-listed, dual voltage (120V / 240V) charging cordset on the market today, TurboCord’s portability and dual capability make it ideal for charging at home and anywhere else an electrical outlet is available.

“We look forward to providing Volvo XC90 owners with a truly flexible and powerful portable charging solution as part of the ‘standard equipment package’ so they can maximize their electric driving range and enjoy this exciting new vehicle.”

For Volvo XC90 owners who already have a 240-volt outlet in their homes, fast charging their new vehicle is as simple as taking TurboCord out of the trunk and plugging it in (a different outlet receptacle may be required). Owners who do not have a 240-volt outlet can have one installed easily by an electrician.

Because it is so compact, powerful and light, yet durable – delivering unmatched charging versatility - TurboCord is an ideal match for the luxurious Volvo XC90 T8 Twin Engine, which is powered by a both a supercharged and turbocharged Drive-E engine and a rear axle electric motor. The Volvo XC90 T8 Twin Engine can achieve 394 horsepower and will offer exceptional fuel economy.

Some key features that make TurboCord well-suited for the Volvo XC90:

Faster charging – At 240-volt Level 2 charging, the Volvo XC90 can be fully charged in as little as 2.5 hours versus 7 hours with a normal Level 1 cordset that comes with other EVs.

Two chargers in one – TurboCord Dual allows Volvo XC90 drivers to charge at Level 1 with any standard 120-volt outlet or charge at Level 2 (about 3 times faster) by simply installing a 240-volt outlet.

Reliable –TurboCord is UL listed, has state-of-the-art safety features and is rugged and waterproof (NEMA 6P), enabling users to safely and reliably charge anywhere, even outdoors.

AeroVironment has more than 25 years of history supporting electric vehicle innovation and today is recognized as the leading provider of a broad array of EV charging solutions that touch everyone from drivers and utilities to automakers.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment Seeks To Grow Switchblade Missile Business

May 08, 2015

The manufacturer that has supplied most of the small unmanned aircraft systems (UAS) the U.S. military uses also has a tactical missile systems business. AeroVironment’s Switchblade is an expendable, “backpackable” UAS with an explosive warhead that can be flown into targets. It can be configured for other missions and scaled to larger sizes, attributes AeroVironment hopes to exploit to build the business

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Kirk Flittie and Kenneth Karklin promoted to general manager of Unmanned Aircraft Systems and Efficient Energy Systems business segments, respectively

MONROVIA, Calif., April 30, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) today announced the appointment of Senior Vice President Wahid Nawabi as the company’s chief operating officer, effective immediately. Nawabi served as general manager of the company’s Efficient Energy Systems (EES) business segment since 2011 and also led the company’s integrated engineering and operations functional organizations for the past year. Nawabi will continue to report to the company’s chairman and chief executive officer, Tim Conver. The general managers of the company’s Unmanned Aircraft Systems (UAS) and EES business segments now report to Nawabi.

Additionally, Senior Vice President Roy Minson has transitioned from general manager of the company’s UAS segment to lead the company’s strategic entry into the emerging commercial UAS market, continuing to report to Conver. Kirk Flittie, previously vice president and business area leader for large UAS, has assumed the role of general manager for UAS.

Kenneth Karklin, previously director of quality systems, manufacturing engineering and services, has assumed the role of general manager for the EES business segment.

“We continue to cultivate exciting growth opportunities in our core UAS and EES segments as well as new market opportunities for large UAS and commercial UAS and are making the right changes to drive operational excellence and long-term growth as we begin our fiscal year 2016,” said Conver. “Wahid Nawabi as chief operating officer provides more capacity and focus on business planning and operations and is a natural extension of his expanded role over the past year. Roy Minson leading our commercial UAS strategy commits greater focus on a large and complex emerging market opportunity where we have a leadership position and are well positioned to deliver compelling value to large industries.”

“Appointing Kirk Flittie and Ken Karklin to the general manager roles puts in place proven leaders to guide our business segments and demonstrates the quality and depth of our leadership bench,” Conver added.

About Wahid Nawabi, Roy Minson, Kirk Flittie and Ken Karklin
Wahid Nawabi joined AeroVironment in 2011 as senior vice president and general manager of the EES business segment. Nawabi joined AeroVironment after a 20-year career as an executive with advanced technology companies in industries spanning clean technology, industrial/electrical equipment manufacturing, telecom, and energy. During his 16 years at American Power Conversion (APC), the company's revenue increased from $50 million to more than $2.4 billion and it became the world leader in power protection. Nawabi started and led the Enterprise/Data Center business at APC, growing revenue to $600 million between 2000 and 2008. Nawabi also led C&D Technologies' Americas business.

Roy Minson joined AeroVironment as vice president of business development and deputy general manager of UAS in April 2010. In May 2012, Minson became AeroVironment's senior vice president and general manager, UAS. Prior to joining AeroVironment, Minson served as vice president and operations manager for a research and development business within the Tactical Systems and Solutions division of SAIC, where he was responsible for transitioning products and solutions. Earlier, as a senior executive at Boeing, he led various business segments supporting DoD, DARPA, and various government agencies, and was a key contributor to the development and capture of several large programs, including Joint Tactical Radio Systems, Future Combat Systems, Combat Survival Evader Locater, and classified programs.

Kirk Flittie served in various UAS leadership positions at AeroVironment since joining the company in 1996. Flittie led the company’s High Altitude Long Endurance UAS efforts, including the development, test and demonstration of the Helios solar-powered unmanned aircraft and the $130 million customer-funded development, test and demonstration of the Global Observer hydrogen-powered unmanned aircraft. Flittie has served as vice president of AeroVironment’s large UAS business since 2008. Prior to joining AeroVironment, Flittie managed aerospace programs for Northrop Grumman and American Rocket Company. Flittie earned a Bachelor of Science degree in Aerospace Engineering from the University of Notre Dame, a Master of Science degree in Aeronautics and Astronautics from the Massachusetts Institute of Technology and completed the AeA/Stanford Executive Institute’s program for high technology executives.

Ken Karklin served in a range of functional and customer facing roles since joining AeroVironment in 2007. For the past year Karklin has served as the company’s director of corporate quality systems. Karklin previously held leadership roles at the company in Engineering, Operations, Program management and in the EES services group. Prior to joining AeroVironment, Karklin held engineering and engineering management roles at a venture-funded start-up and at established technology leaders Intel Corporation, Hewlett Packard Company and Agilent Technologies. Ken holds a Bachelor of Science degree in Mechanical Engineering from Rensselaer Polytechnic Institute.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Marines Launch Switchblade from V-22 Osprey

April 17, 2015

Picture this: U.S. Marines are in the middle of a helicopter raid and about to land infantrymen on the ground. However, they’re taking gunfire from an armed insurgent shooting from a well-covered position, and there’s no easy way to get him. Flying a kamikaze drone armed with explosives from the back of an MV-22 Osprey aircraft, and directing it right into the insurgent’s fighting hole.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

U.S. Navy Testing Switchblade From Submarines

April 13, 2015

The Navy will deploy its first underwater drones from Virginia-class attack submarines for the first time in history later this year, the Navy's director of undersea warfare said Monday.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment Receives FAA Section 333 Exemption For UAS Operations In The United States”

April 09, 2015

Under the new policy, the FAA will grant a certificate of waiver or authorization for all flights at or below 200 feet to any UAS operator that has already received a Section 333 exemption. The COA allows the exempt UAS operator to fly anywhere in the U.S. without the need to acquire a COA for every flight—a major change from the previous approach.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

CNBC: Jobs For Drones Are Set To Take Off

February 06, 2015

AeroVironment has been working for some of these firms, sending its drones over the North Slope of Alaska to gather data for major oil companies that drill there. A few police forces have been testing drones and CNN has been approved to use them for news gathering. Gitlin said drones are expected to be used extensively in the field of precision agriculture, with farmers using them for the targeted spraying of pesticides.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

February 05, 2015

MONROVIA, Calif., February 5, 2015 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced the appointment of Teresa Covington as interim chief financial officer, effective immediately, until a permanent replacement has been selected and appointed. Covington succeeds Jikun Kim, who has resigned as senior vice president and chief financial officer.

“While decisions like this are never easy, I believe now is the right time,” said Jikun Kim. “Working with the AeroVironment team has been a tremendous personal and professional experience for me. Most rewarding has been helping to position the company for long-term growth. I am confident AeroVironment will achieve continued success.”

Tim Conver, AeroVironment chairman and chief executive officer, said, "Jikun Kim has contributed in many ways to AeroVironment’s progress and we are now stronger, more diversified and better positioned to achieve our growth potential than when Jikun joined in 2010. The Board of Directors, our employees and I thank Jikun for his service and wish him the best in his future endeavors.”
Kim is leaving the company to pursue other business opportunities. His departure is unrelated to any issues regarding financial disclosures, accounting or legal matters. AeroVironment is working with a leading global executive search firm to identify and evaluate qualified candidates to serve as chief financial officer.

About Teresa Covington

Since joining AeroVironment in 2011, Teresa Covington has provided financial leadership for AeroVironment’s EES business segment and has served as a senior member of the company’s finance team. Covington’s responsibilities included financial analysis, planning, accounting, credit and collections as well as launching and leading a new product line management organization.

Prior to joining AeroVironment, Covington served as senior vice president and chief financial officer at Line 6, a $100 million annual revenue musical instruments company now part of Yamaha. Covington earned her master’s in business administration from Stanford University Graduate School of Business, a master’s in electrical engineering from the University of Southern California and a Bachelor of Science in electrical engineering from the University of Illinois at Urbana-Champaign.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment’s New TurboDock Workplace and Commercial EV Charging Station Puts Control in the Palm of Drivers’ Hands with Smartphone App

January 15, 2015

AeroVironment’s New TurboDock Workplace and Commercial EV Charging Station Puts Control in the Palm of Drivers’ Hands with Smartphone App

Gives drivers ability to access charging stations through their smartphone
• Easy to use, convenient, cost-effective and secure
• Packed with features specially designed to solve commercial and workplace EV charging challenges, including recharging EVs on a typical commute in less than four hours at Level 2 (16 Amps/240 Volts)
• Configurable, modular design offers maximum flexibility

MONROVIA, Calif., Jan. 15, 2015 – AeroVironment, Inc. (NASDAQ:AVAV), a leader in electric vehicle (EV) charging and the preferred home charging solution supplier for five global automakers, today introduced TurboDock™ – a next-generation EV charging station for commercial and workplace settings that is controlled through a smartphone app. Out of the box, TurboDock charges at Level 1 (16 Amps/120 Volts), or at Level 2 (16 Amps/240 Volts), which will recharge EVs on a typical commute in less than four hours, making TurboDock ideal for commercial and workplace environments.

TurboDock is packed with features specially designed to make it the ideal commercial and workplace charging solution. “TurboDock is the simple, quick and practical workplace charging system because it’s easy to install, easy to use, cost-effective and secure,” said Wahid Nawabi, senior vice president and general manager of AeroVironment’s Efficient Energy Systems business segment. “The first-of-its-kind system puts Bluetooth-enabled smartphone access control of charging stations right at the fingertips of employers, landlords and property managers who need a better solution for meeting the charging demands of their EV-driving staff, tenants and patrons

“Importantly,” Nawabi added, “TurboDock costs less to own and maintain.” Among its many cost-saving features, Bluetooth smartphone connectivity eliminates the need for costly dedicated cellular service, which can represent a savings of hundreds of dollars each year. “Moreover, its modular design offers maximum flexibility,” Nawabi noted, explaining that TurboDock comes in two models, a pedestal unit that accommodates one to four chargers per location and a wall adapter that can be configured with one or two chargers per location. This modular design makes it easy to expand the number of chargers as needed over time.

TurboDock can be configured easily to meet the specific needs and circumstances of each operator. For example, an administrator can give one universal access code to all of their EV-driving users, assign each user their own unique access code or choose open access for all users. TurboDock makes switching between open access and access control quick and simple.

Benefits of using TurboDock in the workplace include enhanced employee productivity and satisfaction. When configured for 12 amp or 16 amp charging, TurboDock provides twice as many chargers with the same electrical service required for a 30 amp charging. More chargers mean increased productivity since TurboDock alleviates the need for EV-driving employees to move their vehicles during the workday so someone else can use the charger.

For multi-unit dwelling owners, TurboDock represents a value-added amenity to attract and retain tenants. Commercial property managers will benefit from the longer “staying time” TurboDock will afford their EV-driving patrons who will likely stay/shop longer while their vehicles recharge.

With fewer parts subject to damage or wearing out, TurboDock significantly improves uptime. TurboDock also eliminates the costs associated with managing access cards or key fobs. Additionally, TurboDock is upgradeable, allowing the addition of future options and next-generation software through the smartphone app.

TurboDock costs $1,299 (MSRP) for the charging module only and $1,798 (MSRP) for the charging module and mounting plate or pedestal. For more information, visit TurboDock.com

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

AeroVironment Receives $4.3 Million Award and $7.1 Million Option for Switchblade Tactical Missile System Support Services

December 04, 2014

AeroVironment Receives $4.3 Million Award and $7.1 Million Option for Switchblade Tactical Missile System Support Services

Award increased funded contract value to $63.8 million

Switchblade systems continue to protect American forces

MONROVIA, Calif., Dec. 4, 2014 – AeroVironment, Inc. (NASDAQ:AVAV) today announced the receipt of a $4.3 million cost plus fixed fee award and $7.1 million option on September 25, 2014 for Switchblade® tactical missile system support services from the United States Army Close Combat Weapons Systems office. The award increased the funded value of an existing contract for Switchblade tactical missile systems to $63.8 million. In addition, options totaling $38.3M increased the total contract ceiling to $102.1 million.

The award and option provided for the continuation of services to support American forces through training, refurbishments and project management support.

“Switchblade is a game changing capability that continues to protect American troops and give them major advantages on the battlefield,” said Roy Minson, AeroVironment senior vice president and general manager of its Unmanned Aircraft Systems business segment. “Switchblade enables our forces to work within the rules of engagement to neutralize lethal threats through its unique portability, precision, rapid deployment and collateral damage avoidance capabilities.”

“Wherever our troops operate, they deserve to be equipped with the most effective, practical tools that protect and empower them. Switchblade has proven itself up to the task,” he added.

ATK is a key contributor supporting AeroVironment on the Switchblade program. ATK is an aerospace, defense and outdoor sports and recreation company with operations in 21 states, Puerto Rico and internationally.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

An Inside Look at Drones

November 17, 2014

Unmanned aerial vehicles, commonly known as drones, are controversial surveillance tools that can lead to talk of government spying. But experts at a half-day symposium at Cal State Channel Islands in Camarillo last week said drones are also used to save law enforcement lives and to provide environmental and agricultural benefits.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Drones Provide BP with Eyes in the Skies

November 14, 2014

The use of unmanned aerial vehicles (or drones) is on the rise, with the military to Hollywood finding practical applications. BP, too, was an early adopter. Now, with Federal Aviation Administration approval for the first commercial operation in the US, this technology looks set to change the way BP carries out some of its most challenging tasks.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

November 11, 2014

MONROVIA, Calif., Nov. 11, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it will issue financial results for the Company's second quarter ended November 1, 2014, after the market closes on November 25, 2014. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day.

Hosting the call to review results for the fiscal second quarter will be Timothy E. Conver, chairman and chief executive officer, Jikun Kim, chief financial officer and Steven A. Gitlin, vice president of investor relations.

Investors with Internet access may listen to the live audio webcast via the Investor Relations section of the AeroVironment, Inc. website, http://investor.avinc.com. Please allow 15 minutes prior to the call to download and install any necessary audio software.

Audio Replay Options

An audio replay of the event will be archived on the Investor Relations section of the Company's website, at http://investor.avinc.com. The audio replay will also be available via telephone from Wednesday, November 26, 2014, at approximately 4:30 p.m. Pacific Time through Wednesday, December 3, 2014 at 9:00 p.m. Pacific Time. Dial (855) 859-2056 and enter the passcode 33894573. International callers should dial (404) 537-3406 and enter the same passcode number to access the audio replay.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Next-Gen Battery Pack Testing: AeroVironment Launches the AV-900 EX

November 04, 2014

In the late 1980s, General Motors contracted with the California-based firm AeroVironment to develop the Impact electric concept car. It was the prototype that evolved into the infamous EV1 production car.

While designing the Impact, AeroVironment needed the ability to test large-format battery packs for automotive applications. However, at that time, essentially no one else in the world was developing EVs, and the tools to efficiently build and test battery packs didn’t exist.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

October 08, 2014

AeroVironment-led team of industry experts incorporating advanced technologies to develop new UAS for agile maritime operations

Contract valued at $19 million

MONROVIA, Calif. Oct. 8, 2014 – AeroVironment, Inc. (NASDAQ:AVAV) announced the Defense Advanced Research Projects Agency (DARPA) has selected the company and its team of industry leaders to follow its successful phase I concept design effort with a phase II preliminary design for the Tactically Exploited Reconnaissance Node, or Tern. The 12-month, $19,035,007 phase II effort seeks to conclude with subscale flight demonstrations prior to a planned phase III award decision.

AeroVironment selected industry partners with uniquely relevant experience and capabilities for the Tern program, including large aircraft avionics, ship integration and propulsion expertise. Advanced technologies form the basis of the team’s unique approach to realizing DARPA’s program objectives.

DARPA and the U.S. Office of Naval Research envision a new concept of operations using smaller ships as mobile launch and recovery sites for medium-altitude long-endurance (MALE) UAS. Tern aims to make it much easier, quicker and less expensive for the Navy and Marine Corps to deploy persistent intelligence, surveillance and reconnaissance (ISR) and strike capabilities almost anywhere in the world.

“Our team represents the best combination of relevant expertise and technology leadership to make Tern a reality,” said Roy Minson, AeroVironment senior vice president and general manager of its UAS business segment. “Our innovative approach to achieving DARPA’s objectives for Tern holds the promise of an entirely new category of unmanned aircraft system that could operate more quickly and effectively by deploying from smaller naval vessels for longer, more distant missions. We look forward to demonstrating this new capability to help protect our naval forces and those of our allies affordably and effectively.”

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

U.S. Army Awards AeroVironment $27.2 Million for RQ-11B Raven and RQ-20A Puma Spare Parts

September 30, 2014

U.S. Army Awards AeroVironment $27.2 Million for RQ-11B Raven and RQ-20A Puma Spare Parts

Latest orders increase total value of spare parts and upgrade awards to $77.6 million since May 2014

Recapitalization of Raven and Puma fleets ensures combat readiness

MONROVIA, Calif., Sept. 30, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it received three firm fixed-price orders from the United States Army totaling $27,178,075 for RQ-11B Raven® and RQ-20A Puma AE™ unmanned aircraft systems (UAS) spare parts. The company received two orders on August 29, 2014 and one on September 18, 2014. Delivery is anticipated within 12 months.

The latest orders increase the total value of orders for Raven and Puma AE UAS spare parts and Raven upgrades received since May 2014 to $77.6 million.

“Recapitalizing the Army’s large fleet of Raven and Puma AE systems ensures that soldiers have the most effective and reliable small UAS available to support them, wherever and whenever required,” said Roy Minson, senior vice president and general manager of AeroVironment’s UAS business segment. “With AeroVironment-original spare parts and upgrades, operators can continue to rely on our combat-proven solutions to deliver better information, on-demand, and help them operate more safely and effectively.”

About AeroVironment Small UAS

RQ-11B Raven, RQ-12 Wasp™, RQ-20A Puma and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 international governments.

The Puma AE small UAS comprises one component of AeroVironment’s advanced, turnkey data collection, processing and delivery solution employed to provide commercial customers with engineering-quality information, on-demand, across multiple industries such as oil & gas, agriculture, mining and others. The Qube™ small UAS is tailored to law enforcement, first response and other public safety missions. Small enough to fit easily in the trunk of a car, the Qube system can be unpacked, assembled and ready for flight in less than five minutes, giving the operator a rapidly deployable eye in the sky at a fraction of the cost of manned aircraft and large unmanned aircraft.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

QUANTICO, At Modern Day Marine, September 24, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it has received a firm fixed-price order valued at $21,779,408 for RQ-12 Wasp® AE small unmanned aircraft systems (UAS) and initial spares packages for the United States Marine Corps.

The United States Marine Corps, which recently unveiled its next generation small UAS family of systems, is adding RQ-12 Wasp AE as the short-range, or micro, solution to the existing small UAS portfolio made up of the AeroVironment RQ-11B Raven® and RQ-20A Puma™ AE. Puma AE is the USMC’s long-range solution.

“Together with the professionals at ADS, whose military-experienced personnel procured this order by demonstrating a clear understanding of the customer’s mission and requirements, we are confident that Wasp AE will provide deployed Marines with valuable situational awareness that will help them operate more safely and effectively,” said Roy Minson, AeroVironment senior vice president and general manager of its Unmanned Aircraft Systems business segment.

AeroVironment received the order from ADS, Inc. on behalf of the United States Marine Corps through the Defense Logistics Agency (DLA) Tailored Logistics Support (TLS) program. Delivery is scheduled within 12 months.

Previously procured by the Marine Corps and the U.S. Air Force, the Wasp AE weighs 2.8 pounds, operates for up to 50 minutes at a range of up to five kilometers and delivers live, streaming color and infrared video from its pan-tilt-zoom Mantis i22 AE gimbaled payload. Launched by hand and capable of landing on the ground or in fresh or salt water, the Wasp AE provides portability and flexibility for infantry, littoral or maritime reconnaissance operations.

About AeroVironment Small UAS
RQ-11B Raven, RQ-12 Wasp, RQ-20A Puma and Shrike VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 30 international governments.

The Puma AE small UAS comprises one component of AeroVironment’s advanced, turnkey data collection, processing and delivery solution employed to provide commercial customers with engineering-quality information, on-demand, across multiple industries such as oil & gas, agriculture, mining and others. The Qube® small UAS is tailored to law enforcement, first response and other public safety missions. Small enough to fit easily in the trunk of a car, the Qube system can be unpacked, assembled and ready for flight in less than five minutes, giving the operator a rapidly deployable eye in the sky at a fraction of the cost of manned aircraft and large unmanned aircraft.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

“The AV-900 EX incorporates improvements based on input from the leading global automotive battery scientists and engineers,” said Wahid Nawabi, senior vice president and general manager of AeroVironment’s Efficient Energy Systems business segment. “We’ve made it more robust so technicians can perform more testing with less equipment, saving them money and time. We improved control and signal responses significantly to deliver the accuracy and responsiveness customers expect from a market leader.”

The AV-900 EX features digital controls that improve system performance and speed, as well as voltage and current accuracy.

“Digital controls deliver increased system and component level protection so customers can push harder and farther as they experiment with new types of tests,” said Nawabi. “Our customers asked for this, and we delivered - faster error detection and fault correction so they can minimize downtime and save money.”

The AV-900 EX can adjust power as needed, dynamically responding to changes in test parameters and utility conditions such as input power fluctuations, thereby keeping other tests running at the same capacity. A new LCD touchscreen displays test parameters, standard error messages and indicates input voltage dipping or when currents are exceeding limits. The AV-900 EX also incorporates digital controls on both AC and DC power stages to modify system output dynamically.

Nawabi said customers can control four AV-900 EX units in parallel to produce one megawatt of power, providing greater capacity to meet increasing battery testing demands. This paralleling architecture is an advanced and reliable method of delivering one megawatt of power while keeping total system safety as a top priority. The system also features advanced battery emulation and resistance test modes.

AeroVironment will begin shipping the AV-900 EX in January 2015. In addition to the automotive industry, the AV-900 EX is ideally suited for heavy industrial test labs serving developers and manufacturers of commercial and military trucks, ships, trains and aircraft, as well as solar panels, inverters and other power electronics.

About AeroVironment Power Cycling and Test Systems
AeroVironment has supplied power cycling and test systems to the world’s leading automotive, battery and fuel cell companies, test labs, utilities, universities, defense contractors, and government agencies for more than two decades for critical testing and product development. AeroVironment power cycling and test systems are used for a wide range of testing, charging and development activities associated with advanced batteries, fuel cells, ultra capacitors, hybrid energy systems, motors, generators, uninterruptible power systems, and powertrain components.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Coast Guard Research and NOAA Test Puma AE UAS During Arctic Exercise

August 28, 2014

COAST GUARD CUTTER HEALY, At Sea - Soaring high above the shifting ice and frigid waters of the Arctic Ocean, a silent sentinel patrolled the skies above the Coast Guard Cutter Healy during its journey to the Arctic this summer. While buoys and submersibles collected data from the briny deep, an Unmanned Aircraft System kept vigil in the frosty air.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

August 20, 2014

MONROVIA, Calif., August 20, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it will issue financial results for the Company's first quarter ended August 2, 2014, after the market closes on September 3, 2014. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day.

Hosting the call to review results for the fiscal first quarter will be Timothy E. Conver, chairman and chief executive officer, Jikun Kim, chief financial officer and Steven A. Gitlin, vice president of investor relations.

Investors with Internet access may listen to the live audio webcast via the Investor Relations section of the AeroVironment, Inc. website, http://investor.avinc.com. Please allow 15 minutes prior to the call to download and install any necessary audio software.

Audio Replay Options

An audio replay of the event will be archived on the Investor Relations section of the Company's website, at http://investor.avinc.com. The audio replay will also be available via telephone from Wednesday, September 3, 2014, at approximately 4:30 p.m. Pacific Time through Wednesday, September 10, 2014 at 9:00 p.m. Pacific Time. Dial (855) 859-2056 and enter the passcode 87661423. International callers should dial (404) 537-3406 and enter the same passcode number to access the audio replay.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

FOX Business: AeroVironment’s Drones Leading The Industry

August 19, 2014

Tim Conver, AeroVironment CEO, on his company’s drones and their abilities to get information out quickly to our military.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

Total Number of Plug-In Vehicles on American Roads Doubles in a Year

July 14, 2014

EDTA recently released sales data for the U.S. electric drive market, showing that the total number of plug-in vehicles on the road has doubled since this time last year. 222,590 plug-in vehicles have been sold since mass market roll-out in late 2010. That number reflects 99 percent growth over the 111,962 sold thru June 2013.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

July 08, 2014

“This is a great example of how investing in our ability to deploy state of the art technology to conduct observations in remote locations can provide critical data to help NOAA in our conservation and resilience missions,” said Todd Jacobs, project scientist for NOAA Research’s Unmanned Aircraft Systems Program, and lead for the Hawai‘i missions. “This operation validated our hopes that we can use the aircraft in the Monument for a variety of missions without harming the environment to get data that we wouldn’t otherwise get. We were able to survey in remote coves for monk seals and turtles in conditions that we may not have been able to safely land people ashore.”

“The monk seal mission was wildly successful,” said Charles Littnan, NOAA Pacific Islands Fisheries Science Center Lead Scientist for the Hawaiian Monk Seal Research Program. “We were able to identify animals on the beach and in the water, identify mother-pup pairs, and get a sense of the age class of the animal – all things that are important for population monitoring. The data collected by the Puma will nicely supplement our current hands-on approach to the recovery of the species.”

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

June 24, 2014

MONROVIA, Calif., June 24 , 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it will issue financial results for the Company's fourth quarter and full fiscal year ended April 30, 2014, after the market closes on Tuesday July 8, 2014. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day.

Hosting the call to review results for the fiscal fourth quarter and full fiscal year will be Timothy E. Conver, chairman and chief executive officer, Jikun Kim, chief financial officer and Steven A. Gitlin, vice president of investor relations.

Investors with Internet access may listen to the live audio webcast via the Investor Relations section of the AeroVironment, Inc. website, http://investor.avinc.com. Please allow 15 minutes prior to the call to download and install any necessary audio software.

Audio Replay Options

An audio replay of the event will be archived on the Investor Relations section of the Company's website, at http://investor.avinc.com. The audio replay will also be available via telephone from Tuesday, July 8, 2014, at approximately 4:30 p.m. Pacific Time through Tuesday, July 22, 2014 at 9:00 p.m. Pacific Time. Dial (855) 859-2056 and enter the passcode 59925045. International callers should dial (404) 537-3406 and enter the same passcode number to access the audio replay.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

PRUDHOE BAY, Alaska, June 10, 2014 – AeroVironment (NASDAQ: AVAV) today announced that BP Exploration (Alaska) Inc., selected the company to provide mapping, Geographic Information System (GIS) and other commercial information services at its Prudhoe Bay oil field, the largest oil field in North America, for a five-year period.

The contract marks the first time unmanned aircraft systems (UAS) will be performing routine commercial services over land in compliance with Federal Aviation Administration (FAA) regulations.

AeroVironment deployed a comprehensive information solution incorporating its proven Puma AE UAS, equipped with either a custom integrated LiDAR (Light Detection and Ranging) or its standard electro-optical and infrared sensor payload. The sensor payloads produce imagery and data for processing into 3D computerized models of roads, pads and pipelines, and other actionable information, including precision volumetric measurement and topographic analysis of gravel pits at the North Slope field. Commercial UAS operations began on June 8, 2014.

“Thanks to the FAA’s rigorous, safety-focused certification process for UAS, BP and AeroVironment have launched a safer, better and more cost-effective solution for managing critical infrastructure and resources,” said Tim Conver, AeroVironment chairman and chief executive officer. “BP’s forward-thinking embrace of UAS technology enabled AeroVironment to deliver a comprehensive approach for generating, processing and converting data collected by portable UAS into actionable information that provides tangible economic and operational advantages. Integrated into BP’s routine operations, this new solution is now helping BP manage its extensive Prudhoe Bay field operations in a way that enhances safety, protects the environment, improves productivity and accomplishes activities never before possible.”

“This is an important achievement for our joint team and for the industry in demonstrating the safe and effective use of our proven UAS technology for commercial applications. Our team has established a model for delivering this flexible and efficient information service, including back office data processing, to a wide variety of customers and industries throughout the world for whom better information, safety and reliability matter.”

AeroVironment's extensive operational track record includes the production and delivery of nearly 25,000 new and replacement small unmanned aircraft with cumulative flight time estimated at more than one million hours. The company has delivered its small UAS to customers in the United States and in more than 30 allied nations.

BP’s IT&S Chief Technology Office pursued the application of unmanned aircraft systems technology to enhance BP’s oil and gas operations. Recent FAA restricted category aircraft type (RCAT) certificates for Puma AE and a larger UAS over water were the first for UAS in the national airspace systems (NAS). BP defined its mapping needs for the Alaska North Slope and issued a request for information in June 2013 to multiple geographic information system (GIS), manned and unmanned aircraft systems companies. BP selected AeroVironment’s response and invited the company to perform a proof-of-concept demonstration.

AeroVironment successfully demonstrated mapping and inspection services incorporating UAS at the Prudhoe Bay field in September 2013 under a public certificate of authorization through the University of Alaska Fairbanks. These services included 3D road mapping, 3D gravel pit volumetric analysis, visual and 3D pipeline analysis, general topography and environmental monitoring services, and demonstrated the ability to support wildlife protection, ice floe monitoring, search and rescue and oil spill response. The team also demonstrated inspection of critical infrastructure, including flare stacks, tanks, bridges and power lines.

As part of a comprehensive data collection, processing and reporting solution, AeroVironment integrated a LiDAR sensor payload into its battery-powered Puma AE UAS. AeroVironment’s expert UAS operators are now performing photogrammetry and LiDAR analysis to survey Prudhoe Bay infrastructure including the gravel roads, pipelines and a gravel pit. The Puma AE’s ability to fly low, at 200 to 400 feet above ground level, and slowly, at less than 40 knots, provides BP with highly accurate location analytics capabilities to help manage its complex. The Puma AE is capable of up to 3.5 hours flight time per battery and has a wingspan of about nine feet.

In one application, surveying the 200 miles of roadways built to support North Slope activities is critical to the effective operation of the Prudhoe Bay field. Drill rigs that traverse the roadways span up to 28 feet wide, 132 feet long and weigh up to 3.5 million pounds, with a driver at each end. The highly accurate LiDAR-produced maps delivered by AeroVironment’s Puma AE, along with precision GPS guidance systems, assist drivers in keeping moving drill rigs centered on the roadways, even in low visibility conditions.

The Puma AE UAS is well suited for operations in highly sensitive ecological areas because of its electric propulsion, low acoustic signature and small operating footprint. AeroVironment’s UAS services will help improve the safety and reliability of BP’s Prudhoe Bay infrastructure and maintenance programs, which accounts for about two-thirds of Alaska oil production.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956.(JavaScript must be enabled to view this email address)

WSJ: FAA Gives Approval To BP To Use Commercial Drones

June 10, 2014

AeroVironment Aircraft Will Capture, Analyze Data at Prudhoe Bay Operations. The effort, which began Sunday, marks the first routine commercial drone flights approved by the Federal Aviation Administration, and comes amid growing excitement about the commercial market for unmanned aircraft.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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